Another week passes. This is the last week of trading for the year 2023. The LQMT share price is down 2% from 0.06075 cents to 0.0595 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down and I do mean little interest in the stock. LQMT gets a pass this week, especially today. Normally trading is light Christmas week into the new year. Down15% for the year.
While all in LQMT continue to focus on what is left of the share price rise, contracts have not yet materialized and as accurately predicted here on this board, the share price has begun to pull back as stated in a few of my posts.
Another poster here Eagle1947, who I hope is well, coined it best. “Another wash, rinse and repeat cycle “.
Now one would think, myself included, with all of the hoopla of LQMT showing a new product on the LQMT blog and the CEO buying a million shares or so and trading volumes (rising) quadrupling, plus speculations, and showing some potential, that the share price would continue to go up and up and hold. Right? After all, an insider doesn’t buy stock to see the share price go back down. So I was told here on this board. Right?
Not so fast. LL is the biggest insider and TC has his own reasons for buying. And just because an insider buys it doesn’t mean the stock can’t fall back down after the pop in the share price. And yet every now and then a genius will come along and tell me and everyone else who disagrees, they are wrong!
Ok, so I guess I’m wrong, when I see the stock more than doubles from 0.03 cents and goes up above 0.07 cents and then hits the 0.04’s. I guess that didn’t happen. Well maybe in la la land it doesn’t happen. But in the real world, reality happens and reality can go either way.
Unfortunately for anyone stuck in la la land as well as those stuck in reality land and in between, it (the share price) goes in a direction based on demand for the stock and sometimes that demand is increased or decreased based on performance of a company and not just, “ I feel something good is about to happen because it hasn’t happened for a long long time.”
Many still don’t get it! You need actual new contracts and new sources of revenue growth to grow the shareholders value. Hype and speculation and a lack of great potential just doesn’t do it any more for a company that has not fulfilled any of those speculations theories and perceived potentials in over twenty years!!
If people see the potential of a stock price going up, they will buy it at 0.03 cents just as quickly as they would buy it at $100 dollars or more a share.
Just take a quick walk down memory lane with Apple or Amazon!! So there is no wrong time to buy unless there is no great potential. If there’s potential like some are hyping. Then there never is a wrong time to buy. Be it at a penny or one hundred dollars a share.
The wrong thing to do imho, is to mock someone else for buying at a certain price and then tout how much great potential there is for years while watching the share price hit new all time record lows over a period of seven years. In the real world if that ever happened, all might think, that type of thinking is synonymous with a jackass.
It’s like saying you have an open door policy but a closed mind. For seven years now with a few pauses and hiccups, momentum for LQMT, unfortunately has been heading south of the border while the markets have been heading north. And while amorphous metal growth for LQMT has been heading south. Amorphous metal growth abroad appears to be heading north.
Not that I or anyone else would mind if those dreams and well wishes and theories would work to rocket up the share price.
Heck if a new maze pops the price. I’m all for it. But after awhile it’s time to put a stake in it and bury it.
Aside from an insider purchase it looks like LQMT found a few new dice rollers as the SP has stalled. Typical of LQMT’s behavior until it heads south again. Looks like it was only an early winter storm that just turned out to be a snow flurry or rain shower.
As stated a gazillion times: with anemic trading volumes the share price means BUBKIS! and so too does another picture of a product using Liquidmetal, without the big long overdue 8K.
Anyone see a released PR? Not yet. No!
The current price rise is based on speculation of an insider purchase and expectations and speculations of a new contract to be announced within three months. Nothing wrong with that. After all it beats FOMO for holding on. But you need an actual increase in trading volumes of at least 2 to 3% of the float to support an increase in share price from any reason.
Now in 2023 and in prior years on this board you read many times the reason for the low volumes daily is that all of the long term shareholders are not selling.
Bullshit. Number one, The entire outstanding float is not all held by individuals holding shares. But let’s agree this time. The more obvious problem for low volume trading this time is not that anyone is not selling. Nope, it is those that are buying right now don’t really see the potential of this going much higher than 0.15 to 0.18 cents to make a quick buck. Or they just want to add and buy with the expectations of someone else bidding the stock higher or some just want to average lower. For if the potential was greater than that. Don’t you think the new buyers of LQMT stock would be buying shares in the millions right now if they thought LQMT was going to a dollar soon? For that matter, so too would the ones bragging how they want to buy shares but apparently don’t even have a pot to piss in. In essence they are again admitting, this board has it described correctly. Not backed up by opinions, but by the actual price movements and actual executive results as stated in every SEC document filed for LQMT.
And if that were not the case, a bid of 10 cents 20 cents 40 cents or 50 cents by bidders expecting this to rise to a dollar and higher definitely would have raised the volumes above 10 million shares as many would have sold part or all of their holdings.
Where are the LQMT market gurus who once shouted and touted: LQMT is the opportunity of a lifetime? Where are the apologies to those who were enticed? Or are the buyer beware disclaimers the way out. Better yet, where is the honesty and integrity of a market guru just admitting when one is wrong?
I remember one genius telling me of LQMT’s success, that it will happen, by comparing LQMT to a broken clock which has the correct time of day twice each day. Imo, not exactly a good investment strategy.
Of course I could be wrong. But watching the drip of anemic shares trading daily, weekly, monthly and annually has me brainwashed. However even others have noticed and have commented a few times on the shares trading using the word “boring” or phrase “daily dipsy doodle crap!”. Who could disagree? Not me.
It does suck. Its reality. Maybe one day the reality will be in our favor too.
These volumes have so many brainwashed that when they actually hit a million or so shares trading in a day, they think the trading volumes are good just because they double tripled or quadrupled. Wake up! They are still anemic!!!
Perhaps in 2025 or 2026 LQMT might succeed and if they ever do make it in 2024 all in it will be very thankful and glad that they did.
FOMO lives and is probably the main reason why anyone holds on regardless of any other opinion at this time. Not wanting to take a loss at this point may be another.
I try to present a balanced view based on the facts not on the emotions of anyone hyping or bashing LQMT. I believe I nailed it correctly. This board has had it correct past and present from potential to expectations to hope to FOMO.
Unfortunately LQMT can still hit the 02’s. Not my wish. The performance of LQMT will decide that.
TC’s purchase stopped the slide and created new interest. But without new contracts, how long can that last? And minuscule contracts once a year only causes more wash rinse and repeat cycles.
From the hype and possibilities of a contract of any size, it should hold the share price from 0.04 and higher for the next three months.
No matter what anyone’s views or opinions are about LQMT, here’s to looking to it’s success in 2024 and here’s to everyone having a safe, healthy and Happy New Year!
May God bless everyone.
Good luck to all in LQMT.
Wish TC and all of the executives luck.
Let’s hope the wisdom of LL pays off.
After all this is the year of the Rat in China.
Perhaps some of his success will rub off here too.
