To sell at 12 or 16 cents it would take faith in the company; faith that they'll blow it or that they blew it already. Thus far I've never had that confidence.
We'll see what this semi-delayed 10q holds, but going forward I think I'll squint and hope and sell 50% of my shares at 15 cents or more. If they surprise me with actual good news I'll buy back in at 22 cents, duly chastened. If they come through with squat I'll consider buying back in at 6-11 cents.
What I'd rather is a 10k or customer announcement that demonstrates someone has been doing something since 2010 when I first bought in.
In this falling market a LQMT bright spot could attract more investors than usual.
But let's be honest with ourselves. We're not likely to get news of any sort until this fall at the earliest. Probably more like 6-18 months from now. Yet I'm here holding the bag because I apparently enjoy riding LQMT up and down, up and down, up and down, more than I like making money.
For me personally it's time for that to change. I'm not selling low, but if I can muster the balls to do it I'll be selling high. Meanwhile I bought yesterday when I heard JB did too. Maybe we'll get lucky.
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