Liquidmetal Technologies Inc (OTCMKTS:LQMT) a Quality Long Play?

Liquidmetal Technologies Inc (OTCMKTS:LQMT) a Quality Long Play?

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Liquidmetal Technologies Inc (OTCMKTS:LQMT) has seen a nice bump over the last five days. LQMT has an 11% increase since then but the story is that the stock has really held its gains from the Spring. It truly seems like this stock impressed traders enough during March, April and May and has no plans of looking back.

LQMT has really started to establish itself and its affiliation with Apple, even after all these years, is working wonders for the stock. The company is now turning its amorphous alloys expertise toward the medical industry and traders seem to be paying attention to this interesting move.

Liquidmetal Technologies Inc (OTCMKTS:LQMT) casts itself as a materials technology company that designs, develops, and sells products and components from bulk amorphous alloys to customers in various industries. It offers components for non-consumer electronic devices, including aerospace components, defense parts, medical devices, sporting goods, leisure products, automotive components, and industrial machines.

LQMT also provides liquidmetal alloys for use in the aerospace, automotive, defense, medical/dental, non-consumer electronics, and sporting equipment applications; and designs and develops components for aerospace and defense customers.

In addition, its products related to various medical devices include specialized blades, clamps, tissue suturing components, dental devices, and general surgery devices, as well as tissue manipulation devices and orthopedic instruments utilized for implant surgery procedures.

Further, LQMT sells tooling and prototyping parts, such as demonstration parts and test samples for customers with products in development; and offers product licensing services. Liquidmetal Technologies, Inc. was founded in 1987 and is based in Rancho Santa Margarita, California.

From the company’s press messaging, they frame themselves as “the leading developer of amorphous alloys that utilize the performance advantages offered by amorphous alloy technology. Amorphous alloys are unique materials that are distinguished by their ability to retain a random structure when they solidify, in contrast to the crystalline atomic structure that forms in ordinary metals and alloys. Liquidmetal Technologies Inc is the first company to produce amorphous alloys in commercially viable bulk form, enabling significant improvements in products across a wide array of industries.”

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Liquidmetal Technologies Inc (OTCBB:LQMT) used to be a $20 big board stock with a billion dollar market valuation. Unfortunately the product was not yet ready for market and after a string of bad management decisions LQMT ended up on the bb’s. The shell started as a Caltech research project in the early 90’s that was eventually IPO’d on the NASDAQ in 2002. Liquidmetal alloys contain atoms of significantly different sizes that form a dense mix. It behaves more like glass in the sense that its viscosity drops gradually with increased temperature and retains its form and amorphous properties even after being heat-formed.

And, most importantly, the company has found a believer in Apple and all sign point to the tech giant finding new ways to employ Liquid Metal’s tech. Rumors were that Apple might be using it for an enhanced power button. However, Liquidmetal is about far more than being an Apple supplier right now. The company took a $60 million investment last year from a Chinese billionaire who now serves as CEO and has spent the last six months cutting costs and repositioning the company as the leader in the development and provision of this type of metal product.

Currently trading at a market capitalization of $288.02M, LQMT has manageable debt and decent cash available. Many shareholders are in on this one already and see a bullish long-term path. This is clearly a leader in the field and we are watching the company with anticipation. For continuing coverage on shares of $LQMT stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $LQMT, either long or short, and we have not been compensated for this article.

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