Liquid Metal Technologies, Inc. (OTCMKTS:LQMT) Still Backtracking

While Liquid Metal Technologies, Inc. (OTCMKTS:LQMT) may be having a shakeup, so far it is limited, and the company is finding support in the expectation that it will expand its role in the Apple, Inc. supply chain. Late last week, LQMT ended up losing nearly 3% on the day, trading at 17 cents, on $1.4 million selling volumes. For a while now, LQMT has been left to drift, without special care to promote or alert investors. LQMT0729.png

The latest promotional email for LQMT came in on July 17th, and the hopeful PR message linking LQMT to the awaited iWatch came in on July 20th. On its own, LQMT started to retreat on lowering volumes. NVLX0729.png

On the plus side, the company has side contracts that may ensure a solid foundation, beside the high-profile relationship with Apple. Mass production is expected, and LQMT holds the following financial strengths and weaknesses:

  • $5.5 million cash
  • $6.2 million total current assets
  • $4.4 million total current liabilities
  • $122 thousand revenues
  • $3.4 million net loss

Keep in mind, however, that an iWatch is not officially in the cards- it is just a hypothetical, although potentially demanded piece of technology. But at this moment, it is in the range of predictions and fantasy.

Right now, at 17 cents Nuvilex, Inc. (OTCMKTS:NVLX) is also an inviting opportunity, as the medical marijuana ticker is attempting a small climb again. This ticker also retreated by just a little over one percent on Friday, NVLX is also heavily traded, with volumes above $800,000.

Another selection at this price would be Blue Calypso, Inc. (OTCBB:BCYP), the online marketing and advertising innovator. The ticker lost 6% on Friday on trading a little above $350,000. Currently, BCYP is looking for a direction after the June promotion lifted the stock too much and exhausted the investors’ enthusiasm.

Stock Analyzer, the pumper for LQMT, has not taken up any new tickers, but so far it does not seem interested in LQMT either. The price spike for this stock was quite steep, and the current levels may gravitate toward lower averages. While LQMT looks more solid than other penny stocks, it is still best to invest affordable sums and stay away if you are too worried about riding out deep corrections.

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