Another week passes and LQMT’s share price is down 3% from 0.0615 cents to 0.0596 cents on extremely weak trading volumes and little interest. The same when LQMT moves up or down.
LQMT released 2 8K’s this week as noted and posted by two posters on this board, fricassee & LQMT_Monster. One regarding the dismissal of LQMT’s existing accounting firm and the other hiring a new one. Does the former firm have to compensate LQMT? Will there be any legal action. I guess the way the things are going, I’m almost certain we will learn anything new from posters first and LQMT second. The same way we learned about Zyris and the Ring.
It’s a very sad state of affairs, when LQMT executives can’t update shareholders on the website blog as to what’s going on. Crap that has nothing to do with NDA’s or anything else that requires silence. Just a bunch of lazy arse executives imo, not keeping shareholders up to date on what is going on.
LQMT is now into its 28th consecutive month without a new contract announcement for the order of parts.
Share price is holding in the low pennies. In the upper 0.05’s and lower 0.06’s right now. The walk back down is usually slow after a run up.
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.
There is potential for a contract announcement to correct the southerly direction LQMT has been heading for the past seven years. If anyone is looking to earn some lunch money, this year could be the time to be in LQMT.
There doesn’t seem to be much enthusiasm for the upcoming 10Q1 whenever that happens. One would think the former accountants completed the 10Q1 before they got canned.
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. So far his artwork wasn’t worth much more than that last year.
