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Re: stocker24 post# 1288

Wednesday, 11/10/2010 11:22:16 AM

Wednesday, November 10, 2010 11:22:16 AM

Post# of 232825
LQMT is not a software company. AAPL did purchase a license to use their technology exclusively and patents have been submitted naming amorphous alloys as part of the product design. LQMT did release information regarding the deal but all the numbers may already be priced in.

Unless you are interested in investing in this company long term, LQMT is no longer a "get-rich-quick" penny stock jump play. That momentum is done (back in August). Only long term players still in it now. This stock may dip back down below .55 without further news this year but investors are expecting a rise to $2 by next year.

LQMT is (now) a solid company with promising technology but it is very illiquid and would take hype to generate more volume. It would be better to keep it small and hold for long term if you are really interested in investing in them. Otherwise, i would look for other opportunities.

(Buy below/sell above .65)
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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