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Re: None

Tuesday, 04/09/2024 11:15:36 PM

Tuesday, April 09, 2024 11:15:36 PM

Post# of 232835
Trading volumes in LQMT are back on IV-Drip.

The speculation ride is over, imo.

Since March 8th although still anemic LQMT traded above one million shares 7 times.

Since April 1st LQMT traded above one million shares 0 times.

The rise in the share price from new small interest and speculation is over. No bullish buying to sustain upward momentum. Sort of a mini wash rinse and repeat cycle. Not high enough to sell any short term positions for decent gains. And so the outside shareholders are back to the game of waiting patiently.

Again In TC’s comments the speculation and expectations for new contracts are later this year.
Since LQMT has a history of making no follow up statements, expect none and you will not be disappointed.

In case anyone wants to know. LQMT has traded only two more times before March 8th above one million shares since the beginning of the year 2024 for a total of 9 times.

With a float according to LQMT of around 500 million shares out there, imo, that is not a good indicator for new interest to jump in and continue the ride up but a indicator of another slow ride down.

The good news is that it is not on higher volumes of 2,3 or 4% of the float. There was no serious buying volume driving the share price up and there is no serious selling volume driving the share price down.

Good luck to all in LQMT
Wish TC luck.
So far there has not been any direct link pointing to any new revenues coming to LQMT. Speculation, yes. But no direct link.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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