Liquidmetal Technologies, Inc. (OTCBBS:LQMT) Steps Back Again
Liquidmetal Technologies, Inc. (OTCMKTS:LQMT) continues to surprise with choppy movements, varying awesome gains with significant corrections. Tuesday was a day of wiping out value as LQMT retreated by just a percent, though on more than $8 million dollar volume. The ticker stands a little above 18 cents. LQMT has not seen promotional emails since July 17th. 
The stock was boosted by a series of messages mentioning the participation of LQMT in the supply line of Apple products which would contain more elements made of amorphous alloys. It is still early to say if LQMT has made a breakthrough that would cause a longer-term climb in the stock price. In the past, LQMT has stood for a short time as high as 60 cents, but went back to trading sideways, when left without the help of promoters. 
Now, LQMT has used PR more actively to state that it would soon expand its patented product range. The company is equipped with the following financials to take up on the expansion:
- $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
With its hefty initial investment, though with bright prospects, LQMT recalls the story of Jammin’ Java, Inc. (OTCMKTS:JAMN). The company started off with debt and low revenues only to complete its promises and unroll a working chain of cafes.
Another relatively stable business that nevertheless trades with some boost from promoters is that of Montalvo Spirits, Inc. (OTCBB:TQLA). In the past month, the company swung between a dollar and 70 cents, while announcing expansion of its distribution.
LQMT has yet to prove itself, and the past days show that movements are erratic, lacking a trend. If you prefer this ticker, it is still best to invest only sums you could afford to lose. LQMT is responsive to promotions, its free float is relatively large at 134 million shares out of 320 million outstanding in total. Daily volumes in the past days are near record, swinging between 50 and 100 million shares, a very robust activity that supports dramatic price movements.
