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Monroe1

08/24/23 12:56 PM

#230611 RE: chipboarder #230609

Often I have seen prices sink followed by buying followed by news. The motivation for the MM is to make a market for accumulation at the best prices possible for the big client without raising suspicion.

Researchfyi

08/24/23 1:11 PM

#230614 RE: chipboarder #230609

The buyers are the MM’s for the sellers. The question that cannot be easily figured out at least with my small pea brain are who are the sellers?

Now if it were December the answer would be easy. Unless of course someone wants to take a tax loss to offset short term gains elsewhere and is betting that LQMT is logically going nowhere or it’s ok to buy back in, in a flash at a nickel or two more should by some miracle LQMT releases a PR more worthy than a wash rinse and repeat cycle.

LQMT has no reason to go higher as volumes and interest are still anemic. As noted in my weekly posts, LQMT goes up and down on no news and little volume. The markets have zero impact on LQMT.

The other realistic reason that a long term would sell at this point is they have given up due to emotional decisions. Otherwise they would have intelligently sold a long time ago at a much higher price.

Fundamentals have not changed. There is no difference today than five years ago. What has changed is the realization of those who expected or hoped for more but got less and the share price finally caught up too with that reality.

LQMTinvestor2018

08/24/23 1:19 PM

#230616 RE: chipboarder #230609

I bought today … I think it’s still going lower but these are the prices I was waiting for to start buying. Still overvalued, but not as badly.