Another week passes and LQMT’s share price is down 4.49% from 0.0534 cents to 0.051 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
Basically, another boring week imo, for LQMT.
In a surprise PR, LQMT gave shareholders three days ago a six day notice of for a conference call. Why only 6 days? Wasn’t this planned? Did LQMT wake up late again and say oh sheet I forgot to set the alarm clock?
LQMT released a PR on March 06, 2024 announcing a 2023 year end conference call to be held next Tuesday March 12, 2024. Links of this event were posted on this board March 7th.
No progress statements, no new contracts in 26 months. Silence.
With all of their hard work, share prices are in the low Pennies and revenues below a million dollars a quarter and sometimes less than one hundred thousand dollars per quarter. Let alone less than a million for the whole year and again then there is the silence.
A reflection on management’s results and behavior in not attaining success or increasing shareholder value. Just living off of the (fat) cash burn from the IP sellouts and partnerships. Let the outsiders be dammed if they don’t like it! Imo.
Seems like the only one in competition with LQMT for getting nothing done is congress. At least congress tries to communicate once in a while even if people don’t like what they’re saying. :)
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.
So far no replies. Zip, zero, zilch, nada, ZZZzzz. Perhaps CEO, Tony Chung can correct this with frankness and transparency in areas he is permitted to talk. If there is anyone that has a clue to LQMT’s immediate future, it would be Tony Chung. Based on what he says or does not say can change the direction of LQMT north or south of where it is.
If my attitude is not to anyone’s satisfaction. Perhaps it is because I am waiting patiently and no longer quietly for LQMT’s success, for over two decades and have received anything but success.
Perhaps the actual revenues and direction LQMT has drifted into over the years have not lived up to my positive expectations. Perhaps reality sucks!.
Share price is holding in the low pennies between the 0.05’s and 0.06’s as predicted. It has dipped briefly into the 0.04’s again, Also as predicted. Future potential although weak, seems to be the catalyst along with an insider purchase for holding the pps up above 0.040 cents. It’s not FOMO. Otherwise the share price imo, already would have dropped below 0.03 cents already.
As stated a gazillion times: with anemic trading volumes the share price means BUBKIS! 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, to opinions both pro and con. There is no ccp here, where there might be in using another venue to share information. As in be positive or leave.
For example: Whatever happened to the BS theory that if an insider purchases stock the share price is going up and not down? Well guess what? Since those purchases and LQMT hitting the 0.08’s, the share price has dropped 35%. I’ve heard it said; a good speaker is one who understands his audience. A good investor is one who understands his investments.
Then there are the hypers and the pumpers who say look the 10K is higher than the year before. The same for a 10Q. Well guess what? The share price did not break 0.10 ten cents to 0.03 three cents because revenues increased for one year or two quarters. And it did not hold above a dime too, because of hyped up potential. No the share price dropped to 0.0301 cents based on LQMT’s actual decisions and performance and imo, inept management.
It may have gone much lower than 0.0301 cents if it were not for the possibility of manipulation.
On the flip side there are those claiming LQMT is a scam. Scam or not it still trades and even in dice rolling scams, there can be money to be earned.
Unfortunately it is easier to nail down LQMT by keeping focused on LQMT and not on the speculation up or down.
It takes very little to see through the BS that gets tossed around by those wishful thinkers and in some cases well meaning too. Just compare the reality of what LQMT states, the share price, the trading volumes plus liquidity and ask yourself; Do those facts from LQMT, come anywhere close to the hyped up BS? They do come closer to the other points of view heading south.
No matter what, IMO, it’s a good thing to hear some say it’s going to the moon while others say it’s a scam. One always can learn from all points of views.
When it comes to LQMT, I can’t speak for anyone else, but it took me about 17 years to learn how to invest in LQMT. It is obvious I’m not too bright.
I have a long position, (longer than most outsiders) and a short term position for the wash rinse and repeat cycles for the next possible contract announcement or any positive progress announcement. I hope others do as well to earn some green.
After all this is the season for the wearing of the green.☘️ :)
Beyond March, there is potential for a contract announcement to correct the southerly direction LQMT has been heading for the past seven years. Otherwise there is an unfortunate possibility, where the share price can hit the 0.02’s later this year.
There doesn’t seem to be any enthusiasm for the upcoming 10K expected soon this month. Perhaps next week by March 15th. So much for positive thinking.
No theories here. No speculation either.
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. The thinking here is I don’t think an insider adds shares unless one sees a more positive future.
Since no new contracts have been announced for a long time, does it really matter what they report $$$$ in their 10k? After all aren’t all in LQMT waiting for years now, some for decades for that mega contract?
Will this be the year revenues increase consistently? The 2nd, 3D, and 4th Q’s will tell. I’ll be pleasantly surprised if the 1st 10Q tics up.
Regarding the upcoming conference call, be it a one way or two way call, TC, can state if Any NDA’s fell through or if he believes any NDA’s may come to fruition within one or two years, without disclosing a company or the field they are pursuing. He should have no problem discussing issues with the ring.
Good luck to all in LQMT.
Wish TC luck.
Anyone who loves or understands the game Kick the Can from the early 20th century, this could be the investment for you. Over twenty years and still kicking, :)
If you don’t understand the game, watch season 3 episode 21 of the Twilight Zone.
