InvestorsHub Logo

Researchfyi

07/01/24 7:43 PM

#232838 RE: Monroe1 #232837

I understand your logic. And agree with it.

The facts to support that logic are what’s missing. There is a factual huge difference over the years between what LQMT says they’re doing and the actual results. It is why all shareholders are looking at the very low pennies versus looking at the very low dollars for a share price.

Factually there is not a lot of interest in LQMT nor liquidity for anyone serious about LQMT to have reasons to buy. Both the annual trading volumes, share price range and liquidity bear these facts out.

The other thing not going for it either right now is speculation. That too is laid bare by the fact, the share price is not able to sustain momentum more than a couple of pennies off of their lows.

The same right now exists for that ring company. If there are any dice rollers interested in a speculative dice roll, right now movano would be worth taking a look at. Aside from their attempt of rolling the dice last fall to a successful conclusion. To me those ring buyers should all be reimbursed as it appears they paid for a trial run. Those kinks should have been ironed out in my opinion before the doors were opened. Just as a restaurant prepares its management, kitchen and waitstaff with a trial run before opening day. Just as stage actors and dance companies do the same before charging an audience for tickets to see the performance! Just as amusement parks test run their equipment to make sure all runs well!

Aside from my opinions. The ring company has a very good shot at excelling in sales against its competitors whether they get fda approval now or later. If what they have reported is true, their kinks should be ironed out and hopefully they should have a more spectacular rollout this upcoming Christmas season.

Stuck below 0.80 cents a share is not what I call moving up. Especially, when you have some heavy investors backing them up and a team of professionals in the medical field on board with R&D and active patents to back them up.

Back to LQMT. I don’t see the same progress you see. Shareholders still are waiting 30 months for a contract that is a little more tangible than a purchase order or two with no guarantees. The progress that I do see is the willingness once again to update us on potential new sources of income on the blog. But factual progress once again has to come down to the 10Q2, 3 and 4, for me to conclude.

Too many years of disappointments from LQMT, I guess, have impacted my way of thinking. It was not always this way.

Good luck to you.