Thursday, February 15, 2024 12:19:24 PM
You will notice a clear trend in which direction the share price is leaning. Keep in mind all the while both liquidity and volumes are low.
Remember it started, when LQMT was in the 0.03’s and possibly headed towards the 0.02’s.
Without communications from LQMT, announcements of what they are doing. (aside from a couple of blogs about an industrial invite and a trade show two or three times a year.) shareholders deserve updates not silence.
The point is the share price will continue to head south after March without any news of progress, let alone a new contract and back into the 0.03’s. Unfortunately, based on reality that revenues from new sources seem to be the only catalyst that can sustain a bump up longer than 6 months.
Potential of a contract and theories of an insider purchase, which normally works with most stocks. Just doesn’t seem to be working with LQMT.
As always I could be wrong and my opinions are always worth less than the price of a LQMT share. But these observations are based on fact not a theory. But like I often refer to the share price moving up and down on very little volumes means nothing. So too do my observations. Even when they are spot on.
Not that I want LQMT to head south. But just what the heck are they doing to make it head north based on reality aside from trying to land a whale and increase shareholder value with adding small contracts for over two decades?
Anyone?
Good luck to all in LQMT.
Wish TC luck.
Thank heavens for making us lower than the angels. Without it we would not have FOMO. :)
Recent LQMT News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM