She’s ALIVE!!! LiquidMetal Surges On Volume (LQMT)
If you followed my tweets yesterday and possibly read my ramble on LiquidMetal yesterday you are sitting with a pretty decent gain today. I am not one to pump stocks or even call myself a stock picker, though this one was handed on a silver platter.
Most penny stock/pink sheet shell companies are not worth the commissions is costs to trade them but LiquidMetal is a bit different. They repaid a over 10million in debt after the deal with Apple, and just yesterday they filed an 8-k revealing an entity by the name of Norden LLC. took down 7,870,307 shares.
LiquidMetals really stuck a cord with the mainstream media, whom rarely every cover pink sheet stories. The stocks volume as of this post is sitting at 27,000,000 shares vs. 369,000 3 month average. Volume precedes price remember, yesterday we saw higher than average volume of over 15 mil shares, today the stock is up 78% or about 75c. If you were one of the lucky few who grabbed a bit yesterday i would take a large portion off just to be safe. Remember you can not go broke taking profits.
Kinda funny how big board stocks are all but dead and way below volume, but we have stocks like LQMT with a true real bullish story behind them and they run like mad. There are stock buyers out there, and yes this is a very cheap stock with a semi small float, but you cannot argue the spirit of the stock market is not totally gone. Or is it? Maybe is US investors had a real reason to buy stocks based on future growth prospects we would see more stories like this.
FYI The picture above is of the Vertu phone, which case is made up in parts with LiquidMetal technology.