Wednesday, May 22, 2024 12:26:32 AM
A company can be in the red and still rocket up to the moon!
For example:
I have owned for a long time Cheniere Energy, longer than LQMT. LNG is but one example. It was the potential for years that rocketed the share price up despite a billion in losses and annually in the red. Only recently has Cheniere Energy, entered profitability. I bought LNG way back when T. Boone Pickens was alive and offering advice.
That same potential can apply to LQMT if they ever get contracts to increase both growth in revenues, potential and operating costs. The real potential yet to be realized will be the factor that raises the share price. Breaking even on a few bucks or going into the green on the same minuscule amounts of a couple $million won’t do squat for LQMT.
Revenues of $40 million from moderate to large contracts with expenses of $45 million will! I don’t think at that point the price would be sitting at a nickel!
A whale contract would be a one off, where most long term shareholders would say goodbye.
At today’s revenues breaking even or seeing green would only increase the length of time for cash burn to run out. It will not increase the share price to where long term shareholders want it to go.
Of course I could be wrong again. Far be it from me to ever know what I am talking about.
Recent LQMT News
- Form 8-K - Current report • Edgar (US Regulatory) • 11/01/2024 08:06:36 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 10/15/2024 08:31:53 PM
- Form SC 13D/A - General Statement of Acquisition of Beneficial Ownership: [Amend] • Edgar (US Regulatory) • 10/15/2024 08:29:50 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/15/2024 08:27:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/15/2024 08:25:06 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/15/2024 08:21:45 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:14:31 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM
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SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • DBGI • Nov 7, 2024 2:16 PM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM