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Is anyone aware of a video that demonstrates the “spinning” process that Dr Lebby refers to in his presentations. As I understand it, this process is how the polymer is added to the existing modulators to turbocharge them.
Alibaba launches new chip to boost its cloud business in challenge to U.S. giants https://www.cnbc.com/2021/10/19/alibaba-launches-new-server-chip-to-boost-its-cloud-business.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard
That’s the one! Great find and post!
I don’t typically post my trades, but I will share that I have been 98% of the volume on the June $7.50 and June $10 puts since they started trading on Wednesday. I have been the seller of these puts and have been amazed at how much time premium I have collected. Put buyers are incredibly bearish on Lightwave’s potential. I have been happy to take their money!
My take on these job openings is they are more general in scope. They can’t advertise for a specific project with Lightwave’s polymers until after the joint press release. Also, I would hope there would be highly experienced personnel assigned to this important innovation rather than an entry level new hire.
Three pack a day habit from what I remember!
Spock died years ago! Leonard Nimoy!
The Schwab interest rate to borrow shares to short was 37.75% yesterday, but has increased to 44.00% today. This, in my opinion, indicates that short sellers are increasing their positions ahead of today's LD Micro presentation. They must believe nothing new will come out to indicate progress on the revenue front.
Since the last presentation, Lightwave has won a prestigious award at ECOC that supposedly required product shipments. They have announced world record speeds with very low signal loss and very low power consumption. Being a peer reviewed result is far more significant than a simple company lab test. In addition, while most do not like being associated with LPC, the terms of the agreement do seem to be favorable IF executed at the right time. Since there is no urgency, there should be plenty of joint press releases indicating revenues from MASS production volumes and MASS commercialization. Lastly, while still well ahead of the October 15th deadline, a few institutions have reported initial positions.
AMD sets target to achieve increased energy efficiency for accelerated computing applications.
By 2025, semiconductor company AMD wants to achieve a 30x increase in energy efficiency etc etc.
The ESG value of Lightwave Logic's materials science is yet to be fully understood, IMO.
Well one thing we know is that the company needs to buy the next generation of speed testing equipment because they have already "buried the needle" on the previous top of the line equipment.
RKF302,
LPC's cost is not $9.16. They received 30,312 commitment shares without any cash compensation. Therefore, their net cost is $8.384 per share.
There is always a cost to raise money whether it is a deal with Lincoln Park Capital or Morgan Stanley or any other major investment banking firm we thought would be interested in doing business with Lightwave Logic once on the Nasdaq. Perhaps the majors wanted to charge more than $.776 per share and set a price unacceptable to Marcelli and Lebby.
When the big boys do a deal it is "one and done." As I see it, the Lincoln Park arrangement COULD work out far better for us as stockholders. For example, once a major partnership deal(s) is/are announced and Two Cents' prediction of $15 by year end comes true, Marcelli can Put shares to Lincoln Park at a price above $15 and there is nothing Lincoln Park can do about that price. They will get commitment shares when that happens and that will give them a net cost at some percentage below the put price.
Schwab's lending rate increased today to 51.25% from yesterday's 44.75%. This indicates that the demand to borrow shares to short increased after the LPC news. The arrival of November 61 is an example of retail short interest.
The Schwab interest rate had been slowly falling to 44.25% yesterday. I suspect it will start to rise again.
Mass mistake
Please do not bring porn to this board!
That is very interesting to me as a layman, but I think everyone who works at Lightwave Logic knows that information and more! That is why we hear bullet points like: natural fit; easy to fab; mass manufacturing; mass commercialization; mass volume!
Interesting because it has a 100% margin maintenance requirement at Schwab, but it is listed as marginable, but it really isn’t.
Two days later on September 17, the borrowing rate skyrocketed from 28% to as high as 65% before retreating to 54.75% on September 24. If the rate stays very high on September 30, I would think the short interest would be around 2.5 million.
I have a theory as to why the shares are so hard to borrow! Is it because so many shares of Lightwave Logic are owned by Europeans and are not held at US based brokerage accounts? Just from reading this board, I would think 20% falls into this category. Any feedback?
I think there is a correlation. Yesterday was a strong day with more short covering than new short selling, therefore shares were returned and that led to less demand and thus the rate fell almost 7% today.
Schwab charges short sellers to borrow shares to short. This is an APR. I started monitoring it about a month ago. The rate stayed around 25 - 27% until last Friday when it jumped to 64%.
Short interest is reported twice per month about 12 days after the record dates which are as of the last day of a month and the 15th of a month. Finding out what the number of shares short almost two weeks later is of little value. By monitoring the daily borrowing cost from Schwab and others, one can get a sense of what is happening between the two reporting dates.
Schwab’s rate today is 55.75% down from 62.50% yesterday
Schwab is 62.50% today.
The shorts are counting on this to get out with a profit, however small.
Doobie, would you mind posting the interest rate you are paying to borrow shares to short? I check Schwab every day and today's rate is 64.50% which is the highest I have ever seen it. About a week ago it was fairly steady at about 27.50% and skyrocketed to 51.75% on Friday.
Schwab is charging short sellers 64.50% today! WOW!
Opening Price $10.85
cost per day to short 1,000 shares is $19.44/day
I was thinking more along the lines of "both hold world records" but I like your thought.
Question: What does Usain Bolt and Lightwave Logic have in common?
I believe someone once said, “forgive them for they know not what they do!”
Schwab is charging 51.75% to borrow shares to short. Wow! No shares available to fund rising short interest
Lebby owns 2,000 pairs of glasses! Which one will he wear?
I meant attracts not attacks but not so far off.
Micro, perhaps on other stocks you may own, but NO as far as LWLG is concerned. So far nobody on this board has let us know their shares have been lent out. I do not know if Schwab’s interest rates are competitive with the lowest tier (attacks those like White Diamond).
Understand all- hard to borrow stocks are closely held, hard to borrow because of the friends and neighbors venture capital thing, and very risky by nature. If this opportunity presents itself to you often, your portfolio is filled risky investments.
Frobinso, learn all you can! With stock options (both puts and calls) there are buyers and sellers that agree upon the time premium and period every day. In reality, it mirrors trading in the stock.
The rule of thumb is: investors that buy options are successful 15% of the time. Sellers of options are successful 100% of the time (from the date of either put or call transaction). The difference is enthusiasm!
At Schwab, you have to sign a few documents and then they open a separate secures lending account tied to your main account. At the end of the month, your lending account is credited with the interest earned and then that amount is transferred into your main account. Lots of visible steps!! There is no back room shenanigans played at Schwab!
Luther, Schwab does not have to ask your permission any more. However, you would see the shares transferred into your lending account. I have a different viewpoint on lending shares. If I don’t somebody else will so why should I forgo $80 per day! In addition, once shares are sold short that investor joins our team in that his next move is a buy order. You also know the moment the short position is closed because you shares are returned to you. That information could be helpful trading knowing that the selling pressure has turned into buying pressure by that group of investors.
I report the interest rate changes to inform this board if the demand to borrow shares is increasing or decreasing.
If someone like White Diamond wanted to borrow shares from my account at Schwab, the interest rate paid to me would be 28% and can change daily. For example, if I were to loan 10,000 shares to White Diamond and he sold them short at $10.30, his account would be charged 10,000 x $10.30 = $103,000 x .28 / 360 for each day he remained short. That is roughly $80 per day.
FYI, Schwab has never lent any of my shares out to be shorted, but two of my accounts are set up for it if the demand for shares occurs. Since I own quite a bit of stock, I would think Schwab would seek me out, but they have not.
Schwab is now charging 28% to borrow LWLG shares to short. A slight increase from last week.
The audience may contain more institutional investors than LD Micro and 3Q. Unless there is a press release of some kind, there really isn’t anything new that could be in the HCW presentation.
Please correct me if my perceptions are wrong! It takes 4 to 6 months for a foundry to produce a wafer which contains about 600 chips after defect losses. The size of the foundry determines how many wafers are being produced at any given time. A minimum run consists of 25 wafers. All of this came from Wikipedia!
There will be a roughly 6 month lag between the first PO and revenues on a cash basis. When the time comes, I would guess the company will be focusing on backlogs more so than revenues. This applies to revenues tied to product sales. Licensing agreements and technology transfers would have some component of upfront cash payments and then recurring revenues based on production of wafers on which modulators are produced that go into transceivers.
Yes! All HC Wainwright company presentations are pre-recorded. The one-on-one meetings are virtual and will be from Bordeaux. There is a six hour time zone difference with NYC so they can attend both ECOC and HCW. No time for fun activities, but Covid prevents that anyway.