Sitting tight now. I've been in and out a few times over the past few years. My last buy was at .069.
They have done an amazing job getting positioned from start up. A lot has happened in the past year. much more action in samples going out. A better sales team.
Other good news is that the investor will be holding his new shares. He has no intention of dumping them on the market... Yet..
It's only a matter of time before the orders roll in.
On the daily chart, it's been a long time since the 20 day has been above the 200 day ave. Looking like a bull flag to me!
Sentiment: Strong Buy
Or throw a #$%$ ton in the bottom of your portfolio for pennies and be glad you did in a few years.
I've been in and out of lqmt a bunch of times. This time I'm holding. If it goes down, I will buy some more.
According to Tom Steipp these new shares are an investment that will be held on to. They are not an issuance from a bank that will be dumped on the market all at once. Yes, the float will go up. However, we will not be flooded with new shares hitting the market.
Yes, he can sell at any time but Tom said that he has no intention of selling any time soon.
Don't know where he was, but I've been here for a looong time... lol
Not sure what the stock will do... However, they came a long way over 2015. The deal with the Chinese company will help to secure not only US held patents but also tap their customer base. The comment about the investor holding shares rather than it being a stock dump issuance. They have a small army of sales now. They got iso9000 certified. 9 contracts is a great start!
Not to mention they're working with Martin guitars... I'd love a set of lqmt strings, frets, tuners... butter.