Another week passes and LQMT’s share price is down 1.9% from 0.0632 cents to 0.062 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
LQMT is now into its 28th consecutive month without a new contract announcement for the order of parts.
Thus liquidity in LQMT daily, remains low and is a sign to new investors stay away its a very high risk. This is not a one off. It has been going on for a very long time . Guess there are investors and dice rollers that are willing to pay a higher price, when they can see more certainty and less speculation.
For others, decades or just years of speculation, theories, hype and expectations are enough to justify buying more shares or to just average down their buy price. Still for others it’s FOMO.
The decades failures of LQMT not fulfilling their own expectations and theories on how to pursue their endeavors to succeed are very disappointing to say the least and are factually expressed in many, many posts by those bullish or bearish around the www.
The past and present of LQMT can be expressed in facts. The future only with uncertainty. I’m not talking about the failures or successes of any amorphous metal alloy. The focus is on LQMT. Imo, anyone invested or investing in LQMT regardless of the failures behind us up to this present day, wants to see LQMT succeed , even though the road ahead is filled with uncertainty and absolutely not one guarantee from LQMT itself to succeed, as stated in their 10K.
Share price is holding in the low pennies. In the 0.06’s right now. Future potential although weak, seems to be the catalyst along with an insider purchase and new stock options for holding the pps up above 0.04 cents.
As stated a gazillion times: with anemic trading volumes the share price means BUBKIS!
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 views are for LQMT going forward. The fundamentals have not changed and every day, LQMT’s trading data are reminders of that fact.
There is potential for a contract announcement to correct the southerly direction LQMT has been heading for the past seven years.
There doesn’t seem to be much enthusiasm for the upcoming 10Q1. Just like the recent 10K.
As stated before: There is a real potential and real probability for the stock to head south to the 0.03’s and then the 0.02’s. Not something anyone would want or like to see happen. A positive PR, can change that outcome or another insider purchase.
There is also the cloud surrounding the ring and LQMT. Perhaps either company might be able to break through those clouds with a little sunshine.
Would be nice to see an announcement for a high volume reoccurring order again. Could send LQMT up. Way up depending on the contract terms. I hope whatever the contract terms are, they will be better than the ones LQMT usually settles for.
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.
Will this be the year revenues increase consistently? Only the 2nd, 3D, and 4th Q’s will tell. I’ll be pleasantly surprised if the 1st Q tics up.
Good luck to all in LQMT.
Wish TC luck.
CEO, Tony Chung, painted a rosy picture for LQMT this year during his CC, for all in LQMT. Especially for outside shareholders, I hope his picture this time, is worth more than just a thousand words to make our shares worth more than just three, four, five or six cents.
