Replies to post #219277 on Liquidmetal Technologies Inc (LQMT)

[jrs5]

There are a number of way to get a company listed on Nasdaq. Here is a simple description:
https://www.investopedia.com/ask/answers/nasdaq-listing-requirements/

This is only going to happen with Apple. It the high end incetive of TC's plan. The dollar per share seems to be the non-Apple route.

[Spartan]

"I don’t give a rat’s pittudie about NASDAQ"

Going from a penny stock to being listed on the NASDAQ indicates monumental amount of commercial progress for a company. It means that there is a certain level of success that has been attained.

Also, from my limited understanding, when a company gets listed on an index like the NASDAQ, ETF's based on that index are required to purchase shares of companies listed in the index. Every time new money is deposited into an index fund, a portion of that new money is used to buy shares of each company in the index. As long as new money is flowing into index funds, there is buying pressure for shares listed in the index.

The reverse is also true. When money is leaving the index fund, shares of the listed companies are sold regardless of the success of the individual company.

Also, non-index investment funds will not touch a penny stock. Fund managers will seriously look at a company who has met the requirements to be listed on The NASDAQ, S&P, Russel 2000. LQMT will never make it into the DOW, the hurdle is just too high.