A lot of us believed for good reasons that we bought in "at the bottom" just before the transformative material began to transform ..... these kind of beliefs are why people make or lose money in the stock market.
I tend to believe (for no reason that I can quickly document) that more people lose money than profit from their smart "single pick" stocks. Show me an ETF that has LQMT in its portfolio and I'll gladly eat these words.
Having said all that its good to know that there is a solid resistance point at $.05c a share, it used to be $.16c but something happened along the way.
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