Liquidmetal Technologies, Inc. (OTCBB:LQMT) Takes Off on Financial Results
When tech companies make promises, the earnings season is even more welcome, to show the hard data behind the company’s efforts. Now, it’s the turn of Liquidmetal Technologies, Inc. (OTCBB:LQMT), which upon announcing the quarterly filings gained more than 18% to its market value to stand at 17 cents per share on buying volumes above $1.25 million. 
In the last four quarters, LQMT managed to increase its revenues in every quarter, reaching $150,000 for the period ending June 30th. Otherwise, the results show a minor, but stable trend in improvement:
- $1.3 million net loss, narrowed from $1.5 million
- $4.2 million cash
- $1.7 million total current liabilities
The company has narrowed the current liabilities since the end of last year, but cash is lowered by about $3 million. Still, LQMT has all the signs of an ongoing venture, and the days leading up to the result announcement indicate that, as the stock added value at the end of last week.
With 369 million shares outstanding, the insider buying does not seem so significant, and neither is the 400,000 share sale by director Thomas Steipp. And most of the insider shares were bought near to market prices.
Stock Analyzer, the last email pumper for LQMT, moved on to other selections since July 17th. The new selections are a NASDAQ and an Amex ticker, as it is the tradition of this promoter to pick more durable stocks of higher quality. This may speak of a confidence in LQMT.
Another tech stock we are watching closely, ImageWare Systems, Inc. (OTCMKTS:IWSY) so far manages quite well to hold respectable levels. The ticker is drifting sideways around $2.32 on medium volumes, a bit above $612,000.
Sigma Labs, Inc. (OTCMKTS:SGLB), the ticker that banked on the hot fame of 3D printing as the new mode of production, is now trying for a recovery, at a much lower price range. The stock fell from heights of 13 cents at the peak of the promotion, but later recovered, moving between 4 and 7 cents in the past weeks.
So far, LQMT is giving positive indications, but surprises are always possible. The price of 17 cents is low enough that it warrants hype and attention, easily gaining. If you need to try out the long-term potential of this stock, it is best to do your independent research and decide on your own preferred time frame. LQMT will hold its shareholder meeting this October 24th, and we may expect activity to be robust leading up to the announcements and developments.
