Liquid Metal Technologies, Inc. (OTCMKTS:LQMT) Drives Upward Again
There is no telling where the strange behavior of the past days would take Liquid Metal Technologies, Inc. (OTCMKTS:LQMT). A new promotion boosted the ticker, lifting it from a temporary valley. On Monday, LQMT added a good round 40% to 18 cents, on buying volumes upward of $880,000. 
Yet this is nothing in comparison to the 237% growth last week, on record buying volumes, when the company managed to patent a mass-production technology for amorphous alloys. For a long time, this was the final hurdle before LQMT could become a part of the supply chain for Apple’s iPhone, by producing the cases for the latest models. 
The company has been volatile in the past, mostly losing from heights of $1.40, with some periods of recovery, followed by slumps as investors could not wait too much for LQMT to turn profitable. For its next step, LQMT is equipped with the following reported resources, and some negatives:
- $5.5 million cash
- $7.3 million total assets
- $4.46 million total current liabilities
- $122,000 total quarterly revenues
- $1.5 million operating loss
- $3.4 million net loss
Recently, the company increased its authorized shares by 100 million, and a small issue of 18 million shares may have caused the sell-off on Thursday last week. This increased number of shares may contribute to volatility in the future.
Also, LQMT is making a very steep climb which is yet to turn into a trend. The next few days will run under the threat of a correction.
Stock Analyzer added to the sharp climb with a promotional email from July 17th. The ticker was mentioned without compensation, perhaps as a way to boost the track record. Along with this, some of the emails mentioned Intellicell Biosciences, Inc. (OTCMKTS:SVFC), another recently active penny stock trying to get out of the doldrums.
Stock Analyzer also brought OncoSec Medical, Inc. (OTCMKTS:ONCS) up even higher with a mention in May, paving the way for further interest and the upward streak of the past months. In general, this promoter relies on the promise of a bit more solid penny stocks, with the ability of holding a stable trend.
Still, LQMT is yet to prove its new positions and the upcoming marketing of its products. Until then, trading will be a matter of sentiment, so it is best to stay away unless you can afford corrections like those in the past week.
