Liquidmetal (LQMT) Shares Continue Higher on Potential Apple Deal, Lots of Upside Could Be Left
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Shares of Liquidmetal Technologies (OTCBB: LQMT) are continuing higher Thursday following a 67 percent surge on Wednesday, as investors are still disseminating a potential new role for the company in Apple's iPhone efforts.
Reports out Wednesday suggested the iPhone 5 is expected to have a sleek case using technology and materials developed by Liquidmetal. The substance -- discovered at CalTech in 1992 -- has the properties of scratch resistance, good strength-to-weight ratio, and high strength. Plus, it looks amazing.
The thing is, Liquidmetal shares could go much higher. An initial agreement with Apple in August 2010 sent the stock well above $1.00 before it retraced back to the 50 to 75 cent range. Prior to the announcement, Liquidmetal was at about 12 cents per share.
Since the last agreement ran through February 2012, Liquidmetal has been in the down-and-outs, trading flat at about 13 cents.
Investors savvy on a possibly deal might still do well to grab some of the stock before it pops tenfold again...if, that is. Shares are up 13 percent on the session, and 90 percent for the week.
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Reports out Wednesday suggested the iPhone 5 is expected to have a sleek case using technology and materials developed by Liquidmetal. The substance -- discovered at CalTech in 1992 -- has the properties of scratch resistance, good strength-to-weight ratio, and high strength. Plus, it looks amazing.
The thing is, Liquidmetal shares could go much higher. An initial agreement with Apple in August 2010 sent the stock well above $1.00 before it retraced back to the 50 to 75 cent range. Prior to the announcement, Liquidmetal was at about 12 cents per share.
Since the last agreement ran through February 2012, Liquidmetal has been in the down-and-outs, trading flat at about 13 cents.
Investors savvy on a possibly deal might still do well to grab some of the stock before it pops tenfold again...if, that is. Shares are up 13 percent on the session, and 90 percent for the week.
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LQMT
You're crazy if you think Apple would risk any product's future on this technology. It's just not scalable enough to produce the quantity to support products that sell tens of millions of units.
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lqmt
matthew on Apr 20, 2012 02:51 PMMark as Spam | Reply to this comment
Dont forget lqmt supplied the antennas for the 4s and they are much improved over previous generations. Aapl also has a licensing agreement here too