Las Vegas, NV -- (SBWIRE) -- 11/12/2012 -- Liquidmetal Technologies, Inc. (OTC:LQMT) has been trading on the OTCBB for many years and has a long history of highly explosive moves. Back in August 2010 when they announced the license transaction with Apple Inc the stock ran from under a dime to a high of $1.75 per share.
In June of this year Liquidmetal Technologies got a lift and ran to highs over $0.60 per share when the agreement with Apple, Inc (NASDAQ:AAPL) was extended for 2 years into 2014. Since then LQMT has been slowly drifting downward and is currently nearing the $0.10 level which has historically been a critical support level for LQMT.
As the stock continues to sink, long term investors who still hold on to the Apple iPhone dream have to be getting frusterated. To date Apple has used Liquidmetal's technology for the SIM card ejector tool in the iPhone 3G.
Clearly Apple still must have big plans for Liquidmetal as they paid an additional $20 million when they renewed the agreement with LQMT.
Liquidmetal Technologies is a materials technology company that develops and commercializes products made from amorphous alloys. Their Liquidmetal family of alloys consists of a variety of proprietary bulk alloys and composites that utilize the advantages offered by amorphous alloy technology. They design, develop and sell products and components from bulk amorphous alloys to customers in various industries. They also partner with third-party manufacturers and licensees to develop and commercialize Liquidmetal alloy products.
To find out more about this stock and what OTCMAGIC projects for Liquidmetal both short term and long term please go here: LQMT
OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in Penny Stocks!
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.