You are not only correct but you were smart to get out at .22. Congratulations for maintaining a clear head. Many of us had chances at .40 all the way to .29 but, chose to believe we were on the verge of a minor eruption.
A lot of us want to believe we have found the proverbial golden egg and the LQMT management preys on our fantasies ..... in reality the chances are very very long ....
A .08 reentry point may be a bit risky as it may arrive at that level only temporarily on the way to bankruptcy.
Agree. The company has been around for awhile and they have been milking investors. In spite of all that, the Apple interest and creating Crucible for patenting process technologies made it a whole new ballgame. Add the new Engel machine and Mr. Hauck into the mix, and we have something worth the high risk.
I don't invest in this stock other than for speculation. I think my odds are slightly better than roulette at a casino.