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When will the USD stop appreciating against the CD?
Sammie, I suggest you look elsewhere for an investment that checks all of your boxes. Personally, I am going to stick with Lightwave Logic because they don’t need to raise money from the sharks on Wall Street. They are attracting institutional investors based on their technology and that is why the stock is up so much so far!
Sammie, much of what you stated about LPC is true and is the prevailing opinion. However, the structure of the LPC deal is quite different from the way the big boys play. Lightwave doesn’t need much money right now and if they went to Wall Street, they would structure a large deal that closes in one day and take a huge fee.
If those on this board are correct, the partnerships and licensing deals and technology transfer deals will happen within the next one to six months and the company’s future revenue stream will becoming much clearer.
Why dilute the shareholder in the low to mid teens when they don’t really need the money? Clearly, management must have a pretty darn good idea about how much money will be coming in over the next six months from deals that contain up front cash payments.
Totally agree X! Management will negotiate on behalf of the stockholders. I have known companies with as much managerial integrity as Lightwave Logic, but never more!
Personally, I don’t think management spends one minute thinking about selling out. They should be thinking about how not to get bought out.
Executive Management owns 6.99% of the fully diluted shares. Institutional stockholders almost always vote along with management and there aren’t many of them yet. So as of now, individuals have the majority say in whatever proposal we are asked to vote upon by management.
That is on my to do list
Thank you, Roc for introducing me to Lightwave. You introduced it to me back in the Sigma days and I kept it on my watch list and finally pulled the trigger on May 19th in a big way! Happy Thanksgiving!
The company got about 3 weeks of operating cash from the exercise of the options. I would imagine others must exercise their options before they expire as well.
Elon Musk had the same situation last week!
Outcast, earlier this year, the number was more like 99% because the stock had just broken above $1.00. In six months that percentage will be more like 80% as the share price moves ever higher enticing early investors to lighten their positions.
The number of institutions with positions in Lightwave has increased from four to forty nine. Most of them have a cost above $10. You and all other newcomers are in good company. Think of all the newcomers who will purchase their first shares at $200 plus.
I don’t think I have seen the stock go up more than for 5 consecutive days. Perhaps twice since below $2. 90% of stockholders have a cost below $1 so profit taking makes sense and is very healthy for the stock to stair step it’s way much higher. The trend line has a steep slope and is currently about $10.50 and climbing rapidly.
Visibility is increasing with all of the presentations. Two Cents has been the guru so far so I suspect he will be right about the news flow beginning in November and accelerating through April. Larry David’s “Curb your Enthusiasm” comes to mind as advice to newcomers! Buy the stock 10 times over time rather than all at once.
Not to mention the interest rate charged by Schwab that has ranged from 33% to 58% since trading on the Nasdaq. Granted that is an APR, but clearly loan shark numbers!
See you guys in Denver in May!
Peaking my curiosity!
Good! The more markets there are, the better!
About 10 years ago I made a lot of money when Somanetics was bought out by Fresenius. They made the cerebral oximeter that was attached to the forehead to read the blood oxygen level of a patient during surgery. An infrared light penetrated the skull and could alert the anesthesiologist of a drop in the brain blood oxygen level. The product is now called Foresight and is a standard of care. I suspect this is similar to how the GOO can help.
Was LWLG the only asset in the account?
That is correct! You signed a margin agreement that permits them to lend out your shares without notifying you. Remember when you paid a transaction commission? This is how they make money!
If you have a lending account, they have to pay you when your shares are lent out. If you don’t, they can lend your shares out and keep all the fees for themselves!
I believe so! My lending agreement says that I retain full control over my shares while they are being lent out. I can sell them at any time. I think you are asking if a GTC sell order at $80 a share will prevent your shares from being lent out. I do not think that works. The only thing that does work is having the shares in a cash account. At this time, LWLG shares are not marginable (at Schwab) so there is no advantage in having them in a margin account.
I really like my guy at Schwab! He did some research with the lending desk and called me with the honest scoop!
There is currently plenty of inventory of LWLG shares held in margin accounts at Schwab and TD Ameritrade. It is true they cannot lend out shares held in cash accounts and they do not need to inform clients when they lend out shares in their margin accounts. Schwab and TD Ameritrade do offer clients the ability to benefit from lending out shares, BUT they will lend out available shares at 55% until there is no more general inventory. That becomes the threshold at which time Schwab will start lending out shares from clients who have been set up with the Securities Lending Program.
This explains why none of my LWLG shares have never been lent out even when the interest rate is so high.
I just got a call from my financial advisor at Schwab. The interest rate they are charging to borrow LWLG shares for short selling has skyrocketed today to 55% from Friday's rate of 34%. Also today is the 15th of the month and the short interest at the close will be reported in about 10 days.
The spike in the interest rate means that a good portion of the supply of stock today is from short sellers. Quarterly results are expected to be reported after the close today. Personally, I think the short sellers are certifiably insane! If they cover before the close, there could be a nice spike.
BTW, thank you to all the Belgians for the recap from last week's meetings.
Schwab’s interest rate today is 34.00%.
Could you find out the rate at Fidelity for today, please?
Exactly why I am willing to lend my shares. For instance, if Schwab were to lend say 20,000 of my shares today at $12.75. I would earn $283 per day in interest. Why would I not want to do that?
Short sellers provide liquidity for institutions to accumulate shares without retail having to cash out. Once a short seller becomes short their next move is to buy.
I think we all share the belief that Lebby’s strategy of working quietly to help the foundries complete their PDKs will result in an incredible revenue ramp. I am talking about zero to a billion, not zero to $10 million, then $50 million, then $100 million! Until those internal revenue models are ready for publication, let the short interest grow!
I guess this all speaks highly of Schwab! I am set up to lend my stocks to short sellers. The last time I lent any stock was 400 shares of AMLP and I made just over $7 for a few days. In spite of 40% interest rates, Schwab has never lent any of my LWLG shares. My guy says a computer figures which client(s) gets to lend shares. My only logical conclusion is that short sellers have better sources to borrow shares than from Schwab.
Isn’t that a Roach Motel?
Correct. June is as far as it goes until the December options expire. No rule, just the normal pattern. My Schwab consultant said the market makers opened up the $20 and $22.50 strike prices because customers asked them to! Perhaps that would work for leaps as well.
Not since the stock moved above $9.50 or so. I am a seller of puts, not a buyer of calls. I have sold the puts with strike prices from $15 down to $5 pulling in just under $100,000 in time premiums. I expect they all will expire worthless.
Institutions have until November 15 to report their holdings as of 9/30/21. (Six weeks after the end of each quarter).
And with 6 more days to go!
Reports will likely come from the “Roths” of the world before they come from the big boys. That’s Okay! The big boys don’t host small cap events, they only attend them.
Actually you both could be correct. An example would be a family trust managed by Morgan Stanley (just an example) and a beneficiary calls MS and requests that the trust purchase 50,000 shares. MS reports the ownership, but it really was an individual purchase!
Stock Option Strike Prices Expanded Today!!
I just noticed the options market makers opened the 12/17/2021 $20 strike price; the 03/18/2022 $22.50 strike price and the 06/17/2022 $22.50 strike price. Last week the highest strike prices were the $17.50s. Now why would they do that? Have they heard the word?
Refer to Post # 59847
HG Genuine's parent company is headquartered in Wuhan!
HG Genuine has production capacity of over 500,000 transceivers per WEEK!
Correct! On the golf course now! Assume you mean the $10 strike.
The put premiums are much higher than the call premiums and I have been a seller of the June puts!
The lending rate at Schwab decreased from 38% yesterday to 4.75% today. My Schwab guy said the computer sets the interest rate based on demand. My total guess is twofold:
1) recent buyers have accounts set up to lend their securities so the supply has increased (institutions would fall into this category)
2) short sellers smell a rally coming as their research has clued them in on this incredible coiled spring. Looks like they have been covering for a few days now. The short interest dated this coming Friday should be way down from the record high reading of Oct 15th.
In my opinion, this is a significant short term indicator.
Sorry :)
Isn’t it 102% owned and 2% short?
The borrowing cost at Schwab has been much more steady lately at around 38%
Institutional nibbling??
Thank you, X!
This process doesn’t seem to take much time, especially considering the months it takes to manufacture the wafer.