Another week passes and LQMT’s share price is up 2.52% from 0.06926 cents to 0.071 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
LQMT is now into its 27th month without a new contract announcement for the order of parts.
A stock option recently was granted to Isaac Bresnick an officer of LQMT.
The share price has moved up for the past three weeks on weak trading volumes. There may be new investors buying in as trading volumes have sustained the sp climb.
Let’s hope that past history is not an indication of future results.
It is going to take the rest of the year to see if the little new interest in the stock has legs. Obviously, those with higher sights are looking for more than just forward worded well meaning expectations before they roll the dice and are willing to wait and pay a higher price. Otherwise, the current volumes would be trading about 1% to 2% daily. Years ago, that would have happened based on expectations and hype and no contracts. Just like all of those July August September Apple rumors every year.
Shareholders have paid LQMT hundreds of thousands of dollars. The time to see potential for a real return on those investments are long overdue. The time for all of the expectations to bear fruit should begin this year. I say should because almost every year many had the same expectations not based on fact but commentary from the company. I gave up on expectations and speculation. They sound great, hold a lot of promise but never deliver.
A psychologist might say if you don’t expect anything you won’t ever be disappointed. Sounds like great advice.
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.
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.
Remember, without new revenues increasing quarterly and without progress due to cost of operations the share price is not averse to heading south again as stated in many of my posts. Fundamentals have not changed! cash burn is ongoing. No one bought the stock for rent revenue or market appreciation and a little increase in interest unless sustained will not prevent a SP retreat.
So far LQMT has done well to keep the stock from falling below 0.04 cents. They cannot let up now!
Good luck to all in LQMT.
Wish TC luck.
As for me, until it happens, (the annual expectations call,) it’s nothing more than a rosy outlook of the game Kick the Can. Same for another partnership old or new. After 2017, my days of wishful thinking and hype are over.
Let the 10K be your guide and any new 8K of increasing revenues be the proof of TC’s integrity along with the fruition of his comments be LQMT’s success this year and for years to come
