Normally I would say yes as I have in the past before the March 2025 rumor. What revenues moved this abyss up 300% last year to justify the increase? Going from $510 thousand to $860 thousand? There was zero bump up from revenues, not until the Hinge rumor came out did the share price move up, all on speculation, and so too did the the initial trading volumes.
My observation to sustain this bump up is not from revenues as there have been no new 8K’s or any other means of increasing revenue, but is due solely to continued speculation as the revenues reported from the last three 10q’s are appalling. Otherwise the share price would be closer to 0.05 cents.
This speculation is not just wishful thinking. It is based on LQMT’s IP and LL’s new manufacturing process. To get credit for Apple to develop a creaseless fold Cell phone. This will enable LQMT to gain huge marketing exposure. That marketing exposure should definitely increase its potential to seal deals they otherwise might not get. That potential to earn $$$ increases the interest and the share price. This is not wishful thinking. The share price can move up before a deal is made as it does with many other stocks.
The problem here is LQMT never has done it with a huge contract for parts or either sustained revenue increases.
Yes continued revenues also can increase the share price or one big contract for parts.
But in LQMT’s situations increasing the share price through revenues, does not seem to be the norm. Only for quick pops and drops for short term strategies. Coined wash rinse and repeat.
Hope is not a strategy. Reality is in my opinion.
Good luck to you.
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