Another week passes and LQMT’s share price is down 10.4066% from 0.05804 cents to 0.052 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
Still no announcement of any new contracts for 25 months. A reflection on management’s results in not attaining success or increasing shareholder value. Just living off of the (fat) cash burn from the ipo sellouts and partnerships.
Sounds terrible. But if there is anyone out there that can directly link LQMT to some positive progress (not theories) resulting in increasing shareholder value, by all means post it. I have looked. But, perhaps I overlooked something.
The only hints of LQMT breathing right now come from a couple of new blog posts. An industrial invite and a trade show on the west coast. I think that is great. But we don’t get follow ups. No stories of the fish taking the bait not even a goldfish let alone a whale.
Share price is holding in the low pennies between the 0.05’s and 0.06’s as predicted. Future potential although weak, seems to be the catalyst along with an insider purchase for holding the pps up above 0.04 cents. It’s not FOMO. Otherwise the share price imo, already would have dropped below 0.03 cents.
Although the volumes are still extremely anemic there was a lot of selling. The share price just barely holding above the 0.04’s by less than a hair
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.
It’s a reflection imo, in the confidence of TC and others. Otherwise that ring pic and the forward worded commentary if any should have been worth raising the asking price somewhere above 10 cents. Never made it past .08 and change. The volumes too would have sustained above one million shares trading daily with new interest.
Never happened. Could be a good thing too as LQMT never offered up any hard fluff to entice new interest. No outside PR.
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 are reminders of that fact.
As stated before; From looking at events upcoming, the share price should hold from the 0.04’s and higher for the next two months. Beyond that point there is potential for a contract to correct the direction LQMT has been heading for the past seven years. Without it or new sources of revenues found from other endeavors, the trend south again can continue. Cash burn is a factor. Although right now LQMT has the cash to burn.
There doesn’t seem to be any enthusiasm for the upcoming 10K/10Q1. And with solid unfortunate reasoning.
Perhaps TC in the next two weeks might give everyone a pleasant surprise in the next two weeks and announce another end of year conference call or should I say a one way outgoing conference call with no incoming dialogue from outside shareholders.
In any event with rings being shipped and no news of $$$ being received there is a real potential for the stock to head south again after the 10K to the 0.03’s and then the 0.02’s. Not something anyone would want or like to see happen.
The fact of no contracts being announced regarding the ring has already led to plausible theories.
However, my bet is on one present and one former executive who hold at least 1 million shares and I’m not talking about LL, regardless of how low the SP goes.
Good luck to all in LQMT.
Wish TC and all of the executives luck.
Looks right now like 10Q2 will be the tell.
Sounds again and again like playing the 20th century game of kick the can. Hope I am wrong.
