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Friday, December 14, 2012 1:33:04 PM
I know you didn't ask and I am certainly not a professional stock broker, but I see no reason to buy additional shares in LQMT at this point in time. The stock shows no strength, the company has not demonstrated any ability to make things happen, and we are currently in the heart of tax loss selling season between now and December 31st. I would only recommend that you think through your decision very thoroughly and make sure you have a reason to buy other than hope. I sure don't see it.
Tax loss selling season is a catalyst for my decicion to add shares, in 30 days some of those tax loss sellers will repurchase in January.
Although I do not know what will happen or where the LQMT price will be at any given future point in time, what I beleive is that at some point LQMT will increase in value and a spike in price on hype will preceed the sustained increase.
I cut down (at a 5 figure loss) from 200,000 shares to 50,000 shares which I currently hold long, my avearge cost was under .30 (approximately ~.27), I sold 150,000 at ~.16
Buying 10,000 shares a month at a cost of ~$1,000.00 will not affect anything else in my life so I'm going for it.
"When/If/Should" some crazy announcement about perhaps an 'iPhone 6 LM' or a military contract happen, there will not be a chance to get in on the spike as it will be substantial and dramatic, IMO.
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
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 08:49:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/09/2024 09:05:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/21/2023 10:15:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/21/2023 10:26:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/10/2023 08:37:18 PM
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