Hey gorgol, nice post. Hard to believe some of the posts. How many companies have negative earnings or revenue on the NYSE/NASDAQ yet people continue to invest in them - thousands of them. It's like people have never traded another stock in their life. I dont know why people would be even on this board if they do not like LQMT. It baffles me ROFL.
"at 5 cents a share...it has risen over 500% since then. That should help put things into perspective. That is not a bad rate of return."
Yep, those who bought it at the IPO price of $15.00 are only down 98%.500% gains since last year is a much larger percentile, so realistically no one is down right? To put it in the proper "perspective", even those who bought LQMT in the .30's a couple of years ago are up 500%.
It's all about perspective and thanks for shining that light of realism upon us on this beautiful Friday afternoon.
Just my opinion and may you have a blessed weekend.
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