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Re: chipboarder post# 232665

Wednesday, 05/22/2024 12:26:32 AM

Wednesday, May 22, 2024 12:26:32 AM

Post# of 233565
Absolutely a very narrow minded opinion and absolutely incorrect as it applies to the growth of a company’s share price!

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.
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