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Re: None

Tuesday, 02/13/2024 7:31:11 PM

Tuesday, February 13, 2024 7:31:11 PM

Post# of 232586
Just my opinion. There is not enough liquidity to give any credence to share volumes up down or sideways. It has been this way for a long time now. Take away all of the wash rinse and repeat cycles and LQMT has no volumes trending, whether the share price goes up or down.

One might say someone or anyone or many or few have been accumulating since it hit 0.44 cents. While someone or anyone or many or few have been selling.

The liquidity. Is it trending up or down? That’s the ticket.

A simple example of this: 10,000 shares trading at 10 cents the liquidity = $1,000 dollars.

10,000 shares trading at 6 cents the liquidity = $600 dollars.

You can always buy. But without liquidity there is no advantage to sell. To use a poor metaphor, Sort of like the Eagles, iconic song, Hotel California.

One thing is for sure. Someone is buying, for the stock still is hanging on.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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