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Tuesday 12/27 Tech Penny Stock

Today we’ll have our eyes on a company known as Liquid Metal Technologies. Let’s get right into the details as the market is about to open! Today’s alert is:

LQMT – Liquid Metal Technologies

 

If you’ve been trading for some time, you may have stumbled across the ticker LQMT in the past. Last year, LQMT provided traders with a run that started around a dime and reached heights above $1.70! Check out a chart of what Apple news did this stock:

Liquid Metal’s infamous run was due to an SEC document filed by LQMT:

On August 5, 2010, Liquidmetal Technologies, Inc., a Delaware corporation (“Liquidmetal”), entered into a Master Transaction Agreement with Apple Inc., a California corporation.

LQMT recently fell to new lows since its monster run but has since traded up to 17 cents already! We’ve also noticed an increase in volume over the last week, so we will definitely be keeping an eye on LQMT for any updates.

You can also see how many times LQMT has bounced from these price levels on a 3 year chart (top half cut off to show detail).

 

Company Profile:
Liquidmetal Technologies develops, manufactures, and markets products made from amorphous alloys. They hold the exclusive rights to develop, manufacture, and sell what they believe are the only commercially available bulk amorphous alloys. Liquidmetal possesses a combination of performance and processing advantages that we believe makes them preferable to other materials in a variety of applications.

With respect to performance, LQMT’s alloys are in many cases stronger, harder, more elastic, and more wear and corrosion resistant than commonly used high-performance alloys and their coatings products have been used as protection in high-wear and corrosion applications for more than 20 years.

Liquidmetal has 2-3 times the strength of titanium and stainless steel and is processed similar to plastic.

You can read all about LQMT and their technology on the company’s website located at: http://www.liquidmetal.com/

Make sure you’re watching LQMT today – there are rumors that LQMT may be the subject of a promotional campaign.

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