Thanks, gorgol, for your words of wisdom.
I know I always appreciate being told how "we" should feel. It is comforting to know that someone, even a complete stranger, a virtual entity for that matter, truly cares about "us."
And, assuming your ongoing support for "longs in LQMT", that you feel there is merely a need to recognize that there are no guarantees that being long in LQMT is a guarantee of positive financial results, no more how long it takes. Moreover, there may be benefit to not even weigh the potential of financial results in the decision about LQMT ownership, presumably and in particular for a Long.
That perspective therein, certainly should suffice to relieve any tendency for a long to leave LQMT.
But I can't help wondering about so many of your prior posts alluding to an exploding PPS to $X!!!!! All of your caveats and admonitions about how nobody knows nuttin' do fit in well I guess with your latest salve that PPS or profits or $'s or whatever anyone means by "riches" aren't that important in life.
If that is true, though, what is the point in investing in any stock, short or long?
And why, when some want the price to plummet so they can lower the cost of their risk, do "longs" get upset? If LQMT is "felt" to be a good long term investment, who is harmed by a short term bargain price? No one has to sell until the selling price is attractive to the seller. Please tell me? Do longs begrudge anyone getting in a a lower price than they themselves did? Are longs in a hurry to get to their price target, and think a short term price drop will delay their desired "return"? Does you know what a business profit is? Do you know what a dividend is? Do you know what the underlying drivers that make a particular stock attractive to buy and hold? The latter is not talk and PR, it is providing value to customers. Investors are not customers.
SpaceX, Tesla, etc examples are not LQMT. Alluding to successes is a red herring for make the case for investment. They are appeals to naivete, and the true motives of virtual-persons who argue or pump/hype LQMT with wishes and soft-thinking are suspect IMHO.
I have bought/sold LQMT but the price has not since come close to the $0.26 I paid in the first transaction. After 15 months of due diligence, I'll try again at %0.05. But the story is substantively unchanged. Mgmt, the Board of Directors, and key employees are living well on other people's money.
Some promising employees have left LQMT in the past couple years, apparently for greener or at least more rewarding pastures, depending on their individual judgment. The main players, though, know a good deal when they have it.
By comparison, I took a position in a stock in the energy industry last August at $14.00 and it is hanging around $28-30 lately, not quite yet offsetting by the erosion of value in LQMT. But it is a lesson. Over the last 2.5 years, I helped launch/fund a Company that has gone from $Zero to $5Million in revenue with a 15% net profit margin and has no debt and about $1MM cash, and a fully paid for 21,000 sq-ft production facility and 18 employees plus a variable contractor team.
I just don't get your case for LQMT. I believe in the potential of amorphous metal alloys, but LQMT does not seem to be an intelligent investment IMHO again.
