Was looking at earnings plays for Monday after hours. Of the 5 I was familiar with all were near all time(edit or 52 week) highs. Netflix was off by $30. S &P Dow etc. it's been a long bull market in real stocks. LQMT and other penny not so much. Make hay while it rains.
I just cannot figure to what extent MTRN is pushing LQMT. We haven't heard much lately and that's why I see this c.c. as somewhat intriguing - "somewhat," because the last time Hipple talked about LQMT and the "let your mind play tricks with it" as to the potential, it hasn't amounted to much and that was at least 2 c.c.'s ago.
In those same comments Hipple or Grandpa said it would be 2015 before LQMT revenue was beyond current levels. I don't believe MTRN is "pushing" LQMT. They are forecasting a doubling of revenue for this year with no significant contribution from BMGs. This current years price appreciation is due to a forecast of earnings doubling.
I believe that if AAPL taps MTRN as a supplier of BMGs in 2015 earnings will double again to near $3.80 a share. That will certainly put a floor under this stock regardless of market conditions which seem to be topping.
I don't want to quibble with you on this years performance of MTRN but it's had lows of 26ish and closed at 38+ multiple times. That's a nice gain. Not a 10 bagger but better than a kick in the nuts.
No position in LQMT with no intention to buy until after the release of the next iPhone and new watch. I think that disapointment will provide a excellent entry for the next and final "great pump"