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Re: D-Mart post# 231916

Monday, 02/05/2024 5:44:11 PM

Monday, February 05, 2024 5:44:11 PM

Post# of 233312
I don’t think it’s about a right penny stock or a wrong penny stock. After 20 years it’s more like an enigma penny stock.

We have what is known and that sucks. Don’t know anyone who is happy with its performance going back to inception to present time. And then we have what is not known going forward, some based on a few logical factors and others based on pure speculation and fantasized theories.

If it were not for FOMO at this point, which is an emotional reason and not exactly a strategy. I’m not sure who would be left.
We know why they have cash. So no reason to hash that out again.

I don’t see any imminent crossroads here. They either nail down a couple of decent contracts, license fees etc. or they continue to head south of the border again.

It really doesn’t make much difference right now if it is trading at two cents or six cents for the liquidity is the same as well as the trading volumes.

So the bottom line rests on either small contracts and or a large one. Of course a large contract with a whale would be my choice and I think everyone else’s choice. But any group of small deals also would be welcome to raise the interest in the stock other than FOMO going forward.

Definitely I see LQMT as an enigma. I guess its an investment, where everyone wants to exit. But they just can’t find the right way out.

Sort of like the hedge maze for Jack Nicholson in the movie The Shining.

Good luck to you.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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