Liquidmetal Technologies Inc (LQMT)

[sojomy]

Since August-Sep 2010 I have been extremely skeptical in my posts. You probably need to read Yahoo again to find out I have challenged Steipp many times, and even as recent as his PR discussing "in the midst of shipping" So in that respect, I have been a lot more negative than you.

What I said was that "You have always seemed to maintain a positive stance on the company in the long term, but you have seemed to temper your enthusiasm to meet the reality of the situation. What I meant that was I have always thought that you were long-term bullish that the stock would one day be something great. If you didn't believe that, why would you still be here? Any stock can go to zero, and you would lose everything. If you believed that LQMT was eventually going to zero, you would probably sell and take what you had left. The part about tempering your enthusiasm for the current reality was because you call it like you see it. If you have a problem with something the CEO does, or even who the CEO is, you don't hide it.

I asked you to clarify your answer on the number of outstanding shares since you left the rest of us hanging with an open ended, albeit response. Since then, I have decided that it is not out of reach to discuss the "equivalent" upside to 80 cents, even though you believe them to be substantially different.

Addressed in previous post. I didn't think I left it open-ended, I thought I provided calculations for both possibilities and said that I didn't know which was correct.

I think that they are substantially the same. In one case, the sep 10 run up was based upon a false "expectation" or "rumor" if you will, that future revenues would automatically come to LQMT because of the MTA of that time frame. Now we are dealing with a similar run up based upon a rumor, but this time, the odds of the rumor being correct (hopefully sooner than too later) are far more likely to occur than the false expectations of the Sep 2010 run. You see, there is actually a lot more known now than was known then. There was no knowledge of a new injection molding process, it was only hinted at. Today it is a fact. It is also a fact that it does work. Only the efficiency is being improved upon. Fact. In 2010, there was no list of 80 NDA's and 900 plus inquiries. Today there is. In 2010, the patent applications concerning several major process changes, formulation changes, and those concerning injection molding and new electric arc technologies are solid fact. In 2010 there was not a hint of a change in business plan strategy, in a change of CEO and a whole new Slate of Directors. Today, all of these are a fact. In 2010 there was no hint of billion dollar revenue companies like Materion and Engel bailing out Liquidmetal by up fronting capital investment. Nor was there a hint of a sub contractor partner VISSER who is also upfronting capital. Finally, there was no finality in 2010 that LQMT could sell the Pyong Taek Facility and equipment as it was tied up in litigation both with the Korean Govt and the Kong Min Bank (not going to bother to look up the correct spelling). Nor was there a hint of spinning off the interest we had in the coatings business. TODAY. ALL OF THOSE OLD FACTORS OF UNCERTAINTY are behind us.

Agreed on all counts. But print out all 50+ articles and line them up. Then highlight all parts that talk about AAPL and iPhones and iPads and Macbooks in yellow. Then highlight all parts that talk about what you just mentioned in pink. What percentage is highlighted in yellow, and what percentage is in pink? So do you think this media frenzy is more about LQMT and all of it's accomplishments in the past 20 months, or was it more about an iPhone made out of something new Liquidmetal?

You imply that I can not accept the possibility of another major downside. Sir, I have lived through every major downside of this company since the IPO in Tampa Florida. I have lived through a change of 5 accounting firms. i have lived through a Class Action Suit. A Criminal Fraud case, a relocation of headquarters 4 times. I have lived through a down sizing from 215 plus employees down to 15. Do you still believe I cannot accept the possibility of another downside? Only a fool would not accept that eventuality. But frequently, those who have watched a 9 year slide just can't get it through their heads that such a slide can ever win. Do you know how many times LQMT almost went bankrupt? How about at least once every year for the past 9.

No sir, I didn't imply that at all. If you inferred it, I don't know how or why. I simply asked you If the price drops back to the 30's and then drifts back to the 20's, will you still be as positive as you have been for the past 4 days? I asked a question, and did not assume anything.

So with caution only, even as late as the first upside due to this rumor, I insisted to this board even that the run up really is not about Apple. This run up is due to a major structural and psychological market view of LQMT as a going concern. This is where we differ in our views, sir. And strongly. This rebound we are seeing here is not what you would probably like to call it, a dead cat bounce.

Agreed about how our views differ, and neither of us will convince the other over the next few days. We will probably see more light in the next few weeks to months. Take everything I say as simply my observation and my opinion based on what I see. I don't tell people they are wrong when I don't know for sure that I am right, and in this case, I don't know for sure that I am right. I am only sharing my views, just like you are. Also, this is not a dead-cat bounce. Dead-cat bounces are when a stock drops sharply based on a particularly negative incident (bad earnings, lost a lawsuit, failed a drug trial, etc), but it dropped much further than it should have. So naturally, when people see that it is selling for less than it should be, they rush in and buy it before others do. This causes the quick, but small rise in price. However, with this current LQMT rise, this is a rise based on a particular incident - a wide-spread rumor. Even if you believe that the price is raising due to fundamentals, would you still argue that the rumor was not the catalyst for this run-up?

Best wishes to you. I noticed you did not respond at all to my suggestion that LQMT has great potential to have major contracts in the electronics are with the military and government agencies who need reliable communications devices which are contemporary and more reliable and sturdy due to potential use of liquidmetal components...........totally unrelated to Apple's consumer electronics monopoly.

I touched on this in my previous message about KEP, and how it is a possibility, but possibilities are also just speculation. Speculation does, and should, increase the stock value slightly, but signed contracts and revenues are what makes the stock make a large, supported move.

I think you need to address that before you insist that I cannot accept opposing views. I challenge YOU to accept MY opposing views.

I still don't know what this means. I don't know where or how I insisted that you cannot accept opposing views. Like I said before, I don't tell someone else that their opinion is wrong and that my opinion is wrong. I don't believe in God, but I don't ever tell anyone else that they are wrong for doing so, because I don't know for sure who is wrong or right. Just like this situation, I don't know which of us is wrong. But based on what we both see, neither of us will convince the other that we are the correct one. And that's fine, that is what makes a market work! :)

Thanks and good luck to you, whether I hear from you again or not.

If I ever don't respond to you in a timely manner, please forgive me and give me some time to do so. Like I said before, stock stuff is more of a hobby. I dedicate most of my time to work, family, friends, fun and sleep. :)

PS and I hope you don't take offense, please regard your post which demonstrates your own ability to understand opposing views:
investorshub.advfn.com/boards/read_msg.aspx?message_id=74614195
I guess we all can make mistakes. So, smile, and have a nice day.
I would not argue about or around a benjo, because they are very handy when you are in need of one.

I'm not sure what you mean. He said, "but then i remembered that Apple only has the rights to the use of liquid metal in phones and similar devices. LQMT is free to sell the tech for other purposes". This was not an opposing view that I might not understand, this was a factually false statement. I probably replied to it too aggressively (Benjo, I apologize for that), but after reading the board for 30 minutes trying to catch up, I was getting frustrated and angry with the number of people posting factually false information. Obviously from this run-up, there are going to be many, many new readers on this board, and if this is their first stop for DD, they are going to be getting false information that they are basing trades with real money on. I realize that it is their fault if they make a trade based on what they read on a message board (I do it sometimes, and I don't blame anymore but myself), but I'd like to prevent people from possibly losing money if I can.



Again, there is no time for proofreading, I really need to go to sleep now. Please let me know if there's something I have said that you don't understand.