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What is your interpretation of “I look forward to sharing exciting new milestones during the balance of this year and in the next year to come?”
Looking increasingly likely that Lebby lied about sharing news of “significant milestones” before the end of the year
If the company really does have a transformative technology that is on the cusp of commercialization, then management is either incredibly incompetent or stupid to be unable to leverage that into a material increase in the stock price. Instead they’re selling off shares at 3-year lows to fund operations.
I’ve seen this movie before. They’re going to erase all of yesterday’s gains on half the volume.
Now would be a great time to kick off that “cadence of catalysts” we were promised forever ago.
Well on the bright side, now when this drops another 50% I’ll only lose $40k instead of the $80k I lost on the first 50% drop. Sweet.
Literally anyone with prior experience successfully running a publicly traded company. Kick Lebby down to CTO.
Impressively crappy per usual. If these idiots fail to deliver any progress before the end of the year, these people need to lose their jobs. More than six months now since any commercialization progress has been announced.
52 week lows on deck. This trades sideways when the market goes up and plummets when the market goes down. Management needs to be fired into the sun.
It’s impressive how terrible this stock is. Yields are dropping like a rock. Every other small cap is up 5%+. And LWLG is about to go red. Guess that’s what happens when your company’s shit management goes 6+ months without providing any evidence of progress.
These idiots are really going to go two full quarters without providing any kind of an update. I’m starting to think we get nothing until next year’s ASM.
it’s really worrying how many people here are dumb enough to take something a LLM like Bard tells you as truth. 5 minutes on google will tell you that these models are known to give information that sounds credible but is completely fabricated.
Getting real tired of this completely ineffectual management team. Coming up on 6 months without any updates.
The lack of news here is really getting to be ridiculous. They’re running out of time to make something happen before the end of the year.
I have never seen a stock fall so far, so fast, without any kind of a bounce, without some news to drive it. Truly remarkable how shitty this stock is.
You have to be truly delusional to think this price action is bullish.
This is now RED year-to-date. For reference, the NASDAQ is up 26% year-to-date. If Lebby doesn’t make something happen at ECOC, he needs to be replaced.
Great technology. Terrible, terrible company.
Hi Lebby, It’s your shareholders. Remember us? We’d like to know wtf you have been doing the past four months. Thanks.
Ready to lift off like the Challenger.
Narrator: “It wasn’t the bottom.”
Where have you been? This has been getting dumped for the past two months.
Oh good, another bloodbath is imminent. We haven’t had one of those in a couple days.
This is definitely closing red. And it will keep closing red every day until management gets off it’s collective ass and announces something. This stock is a short’s wet dream, you can count on there being no PRs for many months at a time.
This has been going down in a straight line for the past month. There is nothing bullish about this price action lol
It is going somewhere quickly. Down.
Another -2% day, who could have seen that coming?
With every day that passes without an update, it looks more like LWLG’s first “commercial agreement” was bs.
This is one of the most pathetic companies I’ve ever seen. They’re losing 10-20% off their market cap every week and doing absolutely nothing about it.
This company’s investor relations are comically bad. Your stock price just fell by 40% in the past two months for no apparent reason. Make some effort to reassure shareholders.
This is trading at the levels it was at before the first deal was announced. The market can’t really make it much more clear that it thinks Lebby is full of it.
It looks like Lebby’s presentations were so underwhelming he convinced some of the audience to enter short positions.
Only underperforming the Nasdaq by 4% today. Lebby must have really impressed at the conference.
This is in free fall. Nearly back to where it was before the first deal was announced. What a joke.
with every day that passes without an update on commercialization, the market loses a little more confidence in this company. It’s been more than three months now since the first agreement and zero updates on progress since then.
Don’t worry guys, Lebby will probably line up an interview with pennystocks.com to regurgitate the same stale talking points he always gives. I’m sure that will get the stock moving in the right direction.
If LWLG’s technology really works as advertised, Lebby and co are shockingly incompetent for being unable to translate that into any material increase in the share price before they sell off shares to fund operations.
Cadence of news my ass. This company’s news has the cadence of a one-legged horse. If Lebby’s goal is to destroy his own credibility he’s doing a great job.
Anyone else notice that the volume on the bid/ask has increased dramatically? 5 million shares on the ask at one point yesterday
Seems obvious to me that MMs are just trying to scare out the little guys to grab their shares. Up to .19 on more than 1/4 of the float then back down to .09 on less than 1 mil in volume.
Company no longer being auctioned off. Will have to see what happens with the restructuring, but this looks promising