Another week passes and LQMT’s share price is down 4.42171% from 0.06208 cents to 0.059335 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
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. It’s nice to see the 0.06’s are holding, although the close was slightly below 0.06 cents.
The bottom line is usually when an insider buys stock in their own company it is a bullish sign. But when two or three insiders do the same around the same time, it is an extremely bullish sign. All outsiders are still waiting….tic tic tic tic tic tic.
So far no more activity from the insiders, unless you love to hear crickets 🦗🦗.
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.” Unfortunately this past week there was a lot of selling activity. But due to the anemic volumes it still means nothing.
As far as progress goes in the form of communications/PR’s, from LQMT. LQMT, has kept all of their outside shareholders in the dark of a sound proof room. In essence all outsiders are experiencing as close as anyone can, a very small glimpse of what it must have been like for the late and very talented Helen Keller. Either that or they just haven’t done jack shiit in years and have nothing to talk about or nothing they can talk about.
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!! Not even a market guru can pull an elixir rabbit out of their hats anymore and otc analysts are just as deaf, mute and blind, when it comes to this one.
Not that I or anyone else would mind if those hype dreams and well wishes and theories would work to rocket up the share price. Again one would think with the present YTD potential, LQMT would be trading much higher. For another stock it probably would. But not for this one.
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.
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.
No matter what anyone’s view is for LQMT going forward. The fundamentals have not changed and every day LQMT’s trading data is proof.
From looking at events upcoming, the share price should hold from the 0.04’s and higher for the next three months.
Here’s looking to LQMT’s success in 2024.
Good luck to all in LQMT.
Wish TC and all of the executives luck.
There are reasons for why that ring company’s stock headed south. Two of the many that come to mind are Imo, 1. they went in and kicked off sales without FDA approval. Something they hyped all of last year. 2. They announced that they were going to respond to a FDA request in 2023 during the 2nd quarter in 2024! Why take your sweet arse time if it meant a big deal? There are other reasons as well. The bottom line, approximately 4000 ring sales are not impressive.
They can hype and spin PR’s. But, their actions tell of a different story.
