Watch list this one for a darkside play. After your done with the ATRN P&D. Timing may work out well for this to be the NEXT one, all should have been looking for! Instead of obsessing on one stock.
Not playing the OTC anylonger, but was bored, so did a scan for the board.
LQMT
Darkside play about to happen. IMO Insiders have been share shifting and converting preferred to common big time, since Sept., through privately owned shells, to board members & executives. For that matter the company itself is owned by a shell, an investemnt subsidiary. And just restructured debit and sold controling interest for $3 mil new funding, within that. Lots of smoke & mirrows with this one ! At any rate large amounts of shares are reaching the hands of big guys.
Want more? Sept 22 2011, the company filled for "Confidential Treatment Order" with the SEC. That basically makes financial transactions secrete. Last time the stock had a Temp Job run. Dec 2010, they filed for a "Confidential Treatment Order" in Nov.
Want more? They have not PR'd business news since the last Temp Job and are now PRing Strategic Alliances and new partnerships.
Any of this info sound familiar? Maybe an OTC game setup?
2 charts long & short
The Temp Job long term pattern" - 3 steps over 3 month climb. Attempt at previous high month 4. Then 6 to 9 month walkdown. Time for another go round! The more you see something happen, the more you will rely on it!
Note month 6 the walkdown was complete, price wise. But Sept. insiders wanted to convert to common cheap !!!
There has been the price and volume surge attention getting advertising done. When retail volume interest averages around 1 mil a day, from 500K, move to strong watch.
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