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Re: linie post# 8423

Friday, 05/25/2012 7:38:05 AM

Friday, May 25, 2012 7:38:05 AM

Post# of 233346
Linie- Well stated, I concur.

If this stock hits $0.78 I can sell one third of my position and cover my investment 100%.

I own 15,000 shares $0.26 and will (may) sell 5,000 at $0.78 to clear my initial investment and hold the other 10,000 into the future while watching this closely (obviously).

It wont take much more than a rumor from a "credible" source let alone real news to get there. I'm looking for a similar type of pop as when this stock very briefly hit $1.76 on the Apple announcement in 2010.

My other thought is selling 50% at $0.52 which is possible leading up to the WWDC and/or the ASM, both next month.

Although my conviction is not set in stone, my thoughts are that even on a quick "pop", that LQMT will clear both these hurdles in a matter of minutes of something big happening.
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