{"id":2852,"date":"2013-10-16T16:11:16","date_gmt":"2013-10-16T16:11:16","guid":{"rendered":"\/?p=2852"},"modified":"2013-10-16T16:11:36","modified_gmt":"2013-10-16T16:11:36","slug":"liquidmetal-technologies-inc-otcbblqmts-boost-in-price","status":"publish","type":"post","link":"\/articles\/liquidmetal-technologies-inc-otcbblqmts-boost-in-price\/","title":{"rendered":"Liquidmetal Technologies, Inc. (OTCBB:LQMT)’s Boost in Price"},"content":{"rendered":"

\"25LQMT_chart.png\"Liquidmetal Technologies, Inc. (OTCBB:LQMT<\/a>)’s month started off on a bad note and the ticker was descending until October 9. After LQMT<\/a> registered a decent 18% gain in the middle of last week it didn’t manage to gather momentum in an upward direction. Will the ticker be capable to do so now. <\/p>\n

Yesterday LQMT<\/a> came out with a pretty optimistic press release that managed to attract attention in the company stock. The published statement was announcing that the company has delivered missile canards to Lockheed Martin (NYSE:LMT<\/a>), which will be fitted to their Extended Area Protection and Survivability (EAPS) for testing.<\/p>\n

The news immediately rocketed the price of LQMT<\/a> shares after the open of the session, which was marked by a hude dumping of stock.<\/p>\n

\"46LOGO.png\"The price jumped as high as $0.1769 in the first hour of the session, but relapsed moments later. It reached as low as $0.147 and regained some value to close 12.95% up from the previous day at $0.157 per share.<\/p>\n

The volume of traded stock was more than 2 times double the ticker’s average. The total amount of shares that switched hands in the session was estimated at 7.4 million and helped generate a dollar volume of a hefty $1.2 million.<\/p>\n

The main reason for LQMT<\/a>‘s incapability of taking a firm upward direction is the fact that the company isn’t generating enough revenues to cover the expenses and work at a profit.<\/p>\n

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