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Micro-Cap on Watch; Liquidmetal Technologies Inc. (LQMT)

By Warren Paige

Liquidmetal Technologies Inc. (OTC: LQMT) shares are down sharply in trading today. The stock is currently trading 5.40% lower at $0.263 on volume of 1.61 million. It touched an intra-day low of $0.25 in trading today.

Liquidmetal Technologies, which is engaged in the development, manufacturing and marketing of products made from amorphous alloys, recently announced that it entered into an agreement with Visser Precision Cast LLC (VPC). Visser Precision is a subsidiary of Furniture Row LLC.

Under the terms of the agreement, Visser Precision will provide mold and manufacturing technologies to LQMT and its Certified Liquidmetal Partners. Visser will ensure that LQMT’s customers are provided with high-quality products and support services on a consistent basis.

Thomas Steipp, President and CEO of Liquidmetal Technologies, said that both companies’ achievements exemplify a deep commitment to quality and cutting edge technologies. Steipp said that LQMT believes that the agreement with Visser represents the final link in the company’s ability to provide commercially produced Liquidmetal parts to its customer base.

June 15th, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.