Liquidmetal Technologies, Inc. (OTCBB:LQMT) Shows Signs of Setting
Liquidmetal Technologies, Inc. (OTCMKTS:LQMT) retreated in the two days after the announcement of its financial results, standing at 14 cents after losing a little more than 7%. Trading volumes are lower than in the past days, a little above $430,000. The company is a bit slower with the future promises, and the only message is an 8-K filing of the sale of 400,000 shares from CEO Thomas Steipp. 
Given that the company could not manage to jump much higher than the 20-cent line, this may have prompted the sale, which preceded the result announcement by one day. To this is added the fact that the last quarter did not bring significant breakthroughs for LQMT, as the company still produces limited-edition prototypes, at a significant expense for shipping. 
In the recent days, LQMT has shown it could recover from minor sliding trends, but we never know when the stock will be left to drift on its own, without the prop of paid emails or press releases. The latest financial results in themselves may already be neutral information:
- $4.2 million cash
- $4.9 million total current assets
- $1.7 million total current liabilities
- $150,000 revenue
- $ 1.3 million operating loss
All the while, Mr. Steipp continues to hold more than 7 million of the company’s shares, which may be counted as a positive sign, especially given that LQMT has the will to go on, and not sink into obscurity. Its promises to serve the Apple, Inc. product line may be a bit exaggerated, but otherwise the company has managed to fund itself at least until the beginning of next year. And it has not stopped trying to build supply chains for its amorphous alloys product, adding the automotive industry to its list.
But lowering volumes may be a bad sign. Previous wonder ticker Sigma Labs, Inc. (OTCMKTS:SGLB) is trading less actively after a correction, as the future hopes were put on hold, and the company started trading according to very short-term logic. Investors sold off, and the ticker retreated to 5 cents. SGLB relied on the revolutionary potential of 3D printing.
If you need exposure to the high tech sector, keep in mind that the companies there often inflate their stock price with promises of future success. But those promises only work for a short time, and it is best to stay away unless you can also afford the corrections.
