Tuesday, November 13, 2012 11:06:21 AM
True, but could still get cut in half on negative news (dilution, request to issue more shares).
From owning, following and closely watching the way LQMT trades, today's buying action is "normal" for LQMT going into events.
The day of the recent Apple non-announcement on September 12th there was buying right up until 1pm EDT when the Apple meeting kicked off.
Those are smart TRADERS playing a strategic angle, those TRADERS are also the ones that will be at the door first in the morning to get back out if no news is announced.
Today's buying is nothing more than playing the odds, any increase in price from today's trading will be more than sold off by 9:45 tomorrow morning if no news is released.
Days like today when people are buying are good days to reduce a position as well if the trader is thinking about doing so any way.
Hogs Get Fat, Pigs Get Slaughtered!!!
Recent LQMT News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:11:00 PM
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- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 08:41:42 PM
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