Another week passes and LQMT’s share price is down 8.27% from 0.0689 cents to 0.0632 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 and about to go into its 28th month next week.
Since the first trading day in January 03, of 2024, to April 19th, how many days has LQMT closed in the 0.07’s? 5, 10, 15 or 20 days?
No peeking….
Answer: 5 days.
Same question for last year 2023.
Since the first trading day in January 2023, to April 19th, how many days has LQMT closed in the 0.07’s? 5, 10, 15 or 20 days?
Hint: it is not 5, 10, or 15 days.
Answer: 20 days
Source: Nasdaq.
The questions and answers are very similar to the questions political parties or economist ask. Are you doing better this year than last year? Are you better off? Is your LQMT portfolio better off?
However with LQMT, unlike actual factual data with the economy and crime, things get sort of skewed by the rhetoric and feelings on LQMT, rather than the facts. Although there were more trading days where the share price closed higher in the 0.07’s a year ago during the same time frame as this year. People feel more optimistic this year, More upbeat and with higher expectations.
However, Factually, LQMT is not doing any better. Factually LQMT is not doing any worse either. For the share price of LQMT is doing just about the same this year as it was doing last year. Both the interest, liquidity and trading volumes are still anemic. The difference. Instead of LQMT heading into its 15th month of no new contract announcements from new customers in 2023. This year LQMT, is heading into its 28 month of no new contract announcements in 2024, with added stock options for executives and another new partnership.
The difference this year is the feeling that something good, something different, something positive will happen this year or is expected to happen this year for several good reasons. A few of those reasons for increasing expectations (mine as well) were the comments made by TC in March.
And when you look at the last fact of positive expectations, you have to say to yourself; isn’t this the way I/we have been feeling since I/we rolled the dice in LQMT every year and the dice keeps bouncing off the table? Only to be rolled and bet on again and again an again?
Answer: Yes
Keep in mind if anyone expects LQMT to break even by the end of this year, either operating costs have to be reduced by $2 million dollars or income from all sources have to be increased by $2 million dollars. Or a combination of reducing one and increasing the other. From what I have observed it would be very difficult to reduce the operating costs based on the fact, they have already been cut back and inflation makes it more difficult to do so. It is also going to be very difficult to increase the interest earned on investments and rent. That leaves increasing income from fees and part orders. My bet is on the expectations of increasing part orders and fees.
Increasing income from rent or income from investments does nothing for increasing shareholder value, meaning the share price. (It does though, increase the possibility for LQMT to be a Going Concern for years to come.)
Increasing revenue from fees and part sales does maintain and or increase shareholder value, and would attract new interest to take the daily trading volumes off of life support. Increasing liquidity would also increase trading volatility. Increasing volatility would increase rumors, theories and hype giving it more of a role to increase the share price. It then feeds upon itself until the price rises to a level that can no longer be supported by actual income from all sources. Like what happened in 2017, 2018 etc.
Most folks get the stock options and get the partnerships and get the 33% increase in revenue sum, although big, is still minuscule and get the rose colored painted Conference Call by TC for this year.
What some folks don’t get (some do) are fundamentals of the company have not changed and are factually supported by how LQMT actually trades every day without hype, rumors, expectations or pumping having any impact. For if expectations could move the share price, LQMT should be trading around $4 or $5 dollars a share by now, with volumes in the tens of millions. Or at least 0.50 cents a share.
And whether you feel LQMT will do it this year or maybe not. I do believe all know by now that it is going to take more than just a good feeling about the stock to move it up to $4 or $5 dollars a share.
All know, It is going to take contracts, contracts, contracts. Are you there TC? Believe it or not, Just about one third, 33% of this year is over. Time to take off the John Lennon glasses. Imo, outside shareholders are looking for a green colored portfolio and not a rosy red one at the end of this year. I can see it now, LQMT announces a medical contract and another one with license fees and possibly another agreement.
Don’t let the giddy feelings get to you. The fact is LQMT, is trading around the same share price this year as it did last year for the same time period, despite all of the positive hoopla. And why? Because nothing really has changed, nothing new by way of increasing real revenues has happened from any announced new reoccurring contracts. Only increased future possibilities as expressed by TC and interpreted by outsiders posting around the www.
Imo, I don’t think LQMT is a scam nor is it a shell company. Neither is it doing anything that have resulted in growing revenues quarterly as it once did many, many, many moons ago as stated in their 10K’s from the Samsung, San Disk days and government requests via grants.
There is nothing Big happening and there are no links to directly connect LQMT with any theories out there, where by LQMT is going to receive $$$$$. Do you think LQMT would be trading under a dime if they were true or probable. Even concluding that some of those theories were possible would be a far stretch of the imagination.
It is a fact that other companies are claiming to be selling amorphous metal parts and at least five of the companies incorporating Liquid Metal (big or small) are in fact purchasing parts made with LQMT’s amorphous metal IP from Yihao, Liquidmetal’s manufacturing partner. If you don’t know this, you truly are not doing your DD. And if you need a link to that last fact, you might want to rethink about why you bought LQMT shares in the first place. Other than that, if you don’t understand this paragraph, then just hold onto those shares and wait for the day of the big payoff happening or not and forget about opinions pro or con.
It is always good to know what is going on in the world of Liquidmetal imo, and what is not going on in the world of Liquidmetal. In fact there are at least three mega companies out there using a hinge made out of amorphous metals. One of them verifiably using LQMT’s Liquidmetal. Yet there will be no income received. Samsung uses an amorphous metal hinge. Thier phones are sold here. Yet there will be no income received.
The $$$$ received from these parts are unverifiable from each customer here or abroad, and I don’t mean just China. Although $$$$$$ millions are being claimed, from amorphous metal sales, there does not appear to be any one manufacturing company claiming a profit yet from this material, as far as I know. However they are expanding their investment in manufacturing capacity, always a good indication for more demand.
One invested in the amorphous metal world would have to be totally oblivious not to know millions are earned every year and millions more will be in the future from increasing amorphous metal demand. You don’t have to wait years for veins of gold in the world of amorphous metal to be struck. It’s already here.
More importantly. Even if one could verify the global $$$$$$, it would mean nothing for it is much easier to verify the portion (the slice) that LQMT is receiving. What is even more astounding or disappointing is, although amorphous metal use and $$$$$ monies earned have grown around the world over the past decade. With more growth on the way. The portion that LQMT has received from this growth has not! In fact, LQMT, now earns less from part sales today than they earned from well over a decade ago! (And back then there were no rental incomes or large interest on investments reported to offset all operational costs on a 10K.)
Sounds crazy? Well yes, but it is a fact! Or to putting it another way; Proportionally, the LQMT revenues received from world amorphous metal sales were greater over a decade ago than today. Not only was LQMT reporting more revenues. They had a bigger share of the amorphous metal pie vs the competition.
Another fact is more than half (66%) of their (LQMT’s) gross income, comes from rent and other sources of income as reported in their 10K and not from parts sold. And the revenues from parts sold was reduced (devoured )by nearly 71% by the cost to sell them.
Now these facts are not hidden they are not surprising. TC himself stated and referenced and requested for anyone to read the 10K, when comparing and listening to his outlook, and follow more closely what LQMT is trying to do.
Now does this mean the last 10K is any worse or any better than those prior?
Answer: No! It just means nothing has changed fundamentally.
It’s not called bashing, when reading the risks. It is not called bashing, when the realities of what LQMT has achieved over the years are not in sync with the realities of what people expect them to achieve. It is not bashing to point out these facts and factual expectations in a post and how they realistically differ.
If anyone is still not getting the picture and I suspect it is only a few. Let’s put it this way. If you just listened to the CC last month. Set aside what you think you know. TC says LQMT has cash. TC says LQMT has investments or liquid assets. TC said LQMT might be near to breaking even by the end of this year.
Now if LQMT were as optimistic or giddy as some investors seem to be. Don’t you think if something big was going to happen, that LQMT would take some of those assets and cash and buy an investment in their own stock, their own company as TC did last November? If they did that, they could earn potentially a 300% return on their investment too. Thus potentially increasing the share price to at least 0.50 cents a share.
Seems like no matter what is really going on with LQMT, the culture and the mindset for just a few are; Never let reality get in the way of a good theory, a good hype, a good rumor.
But don’t take my word for it or any of my opinions, as everyone knows, they are always worth less than the price of a LQMT share.
To sum it up. The bottom line is simply this: if LQMT can break even or come close to it this year. What do you think the minimum share price will be? If LQMT can raise revenues $2 million dollars or near it. What do you think the minimum share price will be?
0.10, 0.15, 0.25, 0.30.
No peeking…
My answer: 0.25 cents.
My answer would be 0.25 cents as the base price. Factor in hype, rumor, theories and pumping and the share price can go much, much higher. Sort of like what happened in 2017 only higher.
My bet is on two factors.Two executives of the company who own shares and revenues expected to increase. One reality and one variable.
If you are in LQMT, do your own DD and decide for yourself. I never offer investment advice. Read the 10k, there are absolutely no guarantees. This year does appear to look better than the year before and for good reasons.
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.
Trading volumes seem to be tapering off again. The pps appears to be heading south again as predicted by what happens with the lack of contract progress updates impacting on both interest and buying volume.
Again, my opinions are always worth less than the price of a LQMT share.
Good luck to all in LQMT
Wish TC luck.
245 days to hit 0.25 cents minimum.
And all TC & Co., have to do, is secure about a 2/10ths. slice of 1% of the world’s pie of amorphous metal/bulk metal glass sales to accomplish it.
