It’s not the sellers. LQMT is already in the cellar.
It’s that there are not enough buyers beyond the MM’s who are stuck with buying what anyone is selling. Otherwise the SP drops even lower.
This anemic interest in LQMT results in the share price being meaningless between 0.01 or any other higher share price.
Interest is driven by many factors, rumors, hype, potential, bashing, contracts, LQMT PR and reality. Many times reality is confused with bashing. Reality tries to depict what is really going and what really may happen given a number of scenarios up or down.
So when interest is anemic, trading volumes are anemic and so too is liquidity. They feed off of one another or in this case starve off of one another.
From observing all of these factors trying to pull LQMT up or down. The only factor that has any real impact up or down is when LQMT itself reports or releases data of progress or lack of progress by the numbers filled quarterly.
Everything else of what anyone else says is just.
"Dust in the Wind".
Source: 1977 Kerry Allen Livgren, from reading a line in a book on American Indian poetry the Rock band Kansas.
It’s the buyers. Where are they???
They won’t bight too, until a deal is in the wind.
And they don’t give a rats what the pps is. It’s the liquidity. The assurance of getting in and out without the example of what just got posted today.
And now you know what is really holding the price back today. Then again, you already knew the answer. Like everyone else that answer is boring.
