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Thanks, Jeunke, good to hear.
Is Lebby still coming to speak to you guys?
Everyone is clamoring for news but the company knows they have to give the razzle-dazzle in two months at the SHM. If they postpone they could throw us an info bone now.
I don't think we can expect much of an update while nearly every stock is dropping daily. Pissing in the wind.
Insider buying would be great.
Welcome To The Land of Lincoln
I'm unsure. Also, local universities are beginning to cancel all in-person classes until further notice, as of today.
My local, greater Philadelphia area, High and Middle schools closed as of today.
I figure if Lebby skips the visit with the Belgians this month than he will probably alter the SHM plans and perhaps just do an online presentation or postpone until summer. (Lightwave has done summer SHM's in the past I believe)
If it was negative I can assure you he would not post it.
Although I wanted some clarity too and made a call to a more savvy friend; the answer I got was "no".
It's like Dodge building a new Hellcat or Honda making a more efficient gas powered Civic. It doesn't change the trajectory of the EV or any other alternative energy market in a meaningful way. Just examples of existing technology being further optimized.
To my knowledge high levels of IV vitamin C have been used to treat cancer successfully in some experimental research.
Just like the theme of so many movies..Evil villain releases virus, Evil villain releases antidote.
Vicious! Debt is so cheap, hedge funds everywhere were leveraged to the max, they're getting stop-outs/margin calls and selling, setting off others for the same. Domino effect. Blow outs. Money is being taken out of anything solid. GLD flat for the day, SLV & BitCoin down, even Costco is down after probably the best month in company history. People are selling Lightwave to feel better about having extra cash.
The market is probably Gilead PRing their vaccine works away from a hard snap back. Even though most of us probably wouldn't go get it anyway.
Media loves this panic. Universities are canceling all remaining in-person classes because one student walked past someone with the virus. It's ridiculous. If everyone gets exposed to this and the weakest 2% die off, it will be the best thing that ever happened to this planet.
I'm wondering if the company will seize the opportunity to cancel the in-person SHM.
Context
The EPIC Meeting on Beyond 400G at Microsoft will be postponed and we would appreciate your input. Would you prefer the new dates to be in July 2020 or in April 2021? Missed #OFC20 this year? Then this is the meeting for you! Give your opinion to when we should reschedule! pic.twitter.com/JBga6X06Js
— EPIC Photonics (@EPIC_photonics) March 8, 2020
Futures WTI $30.18 Brent $33.95.
I was looking at XOM on Friday at $47 with interest. I bet it is under $40 tomorrow.
So many HGs are levered up, stop-outs are coming.
I was in college during the 08 crash and barely noticed anything was happening. Trying to strategize is somewhat difficult and while pouring over my computer for hours tonight I thought of the wise DewDilligence who've I've crossed paths with on a few of my investments over the years.
Saw a little bit of chatter elsewhere online (non-investment forum) wondering if this is in fact practical, another stated it was a generation behind Broadcom's Tomahawk 4.
(not directed at you Wise) Finding a way to make silicon continue to meet demands does not turn the market off to advancements/alternatives.
If Lebby decides to send Jim, I will completely understand!
It did but the gains were small, but I expected that with the low risk/reward.
I only check them periodically.
Ironically, I think Pit owns more shares.
Glad they finally got a PR out to clarify what is going on. Sell down was excessive.
If you watch the inventories you would see that they seemed to let the price crash on its own by holding out on purchasing. I did a CPER trade through this.
Those conferences don't instigate much buying but they are good for existing investor morale and could lead to future business relationships. The Lebby home meeting seems like it would be the most beneficial even if it doesn't equate to buying. Though on the list of Lebby's No Share Price Appreciation Spring 2020 Tour is a visit to the Belgians and they certainly do buy the stock when it needs support.
That is what I was thinking, it did hold at the 200-day moving average which is coincidentally right around the large-cap raise price from November. I tend to believe that capital raise prices become support, but under that we don't have anything.
You said "The price of copper rises as excelsior plummets"
?
If Excelsior was touting other mineable resources on site I would worry a bit, I've seen mining stocks do this when they start having problems making their primary resource viable. BUT Excelsior didn't do that. It's just investors chatting.
Watching Avita closely. Doesn't anyone think they know where support levels are at? All the Covid panic selling has really knocked RCEL down, so many have profits still they can take.
All promotional/networking activities planned for Lebby in the next two+ months are being impacted by Covid19. I don't think those generic stock anecdotes apply to this situation. Panic selling has affected almost all stocks. Going into cash during times of uncertainly is a strategy that doesn't discriminate.
How's Del Boca Vista?
Lightwave usually trades poorly in Jan/Feb. But we are only off about 10% for the week. Better off than most.
Lightwave is holding up particularly well during this Corona Crash.
I'm wondering what brand masks Lebby will offer at his party?
That was an interesting stock to look at. Also, not that hard to have been ahead of buying with some thought. Coronavirus is relevant to all stock boards. Expect more pain and tightening on capital as concerns grow, this will inevitably break out in the U.S.
Whether you bought a year, six years, or even twelve years ago; it's likely we all paid about the same price for shares. LWLG is consistent like that.
Good to know. Mark stepped in to keep it from falling too far. A much bigger buy than companies usually see. Not sure of the rules/regs but I don't care.
Anyone know if Mark's bid was sitting there and the market sold down to fill his bid or if he threw it in to support the stock while it was dropping?
The theory that NIO eliminating unfavorable financing was positive? It was. Stock is still up over 30% from that. It always will be for any company, including Lightwave. The variable is having people capable of doing it. Waiting many months for a down day? How big is the chip on that shoulder. Gains like that don't last forever, LWLG is no exception.
We got a little insight into Jim's LPC/Lightwave Logic thought process at Noble. He did a case study on two stocks who didn't use LPC... that explained alot.
Hey buddy, glad to see you're back.
That order should have filled, Stock62
I (and many others) can not believe that Jim is still the #2 at the company. Jim proved his judgment questionable while he was CEO, particularly with this PR in 2012 which helped cause the bubble in the stock during 2012...It ran up to the all-time high, $3.33, 2-3 days later.
As you know, initial revenue has not come as quickly as we previously expected, however, the good news is the opportunities are on-course and progressing rapidly. We have recently delivered newly completed design proposals to Lockheed Martin and Celestech and expect that they will be accepted. Further, we have recently received new inquiries from other large potential customers looking to solve their technical problems with our organic nonlinear polymer materials. I look forward to being able to deliver some good news about initial revenues soon
https://www.prnewswire.com/news-releases/lightwave-logic-inc--ceo-issues-update-letter-to-shareholders-137485898.html
His name is Lebby.
X is right. This should be common sense. They could have a midget with a cleft pallet up there who just finished self-teaching himself English with Rosetta Stone and we would have investors on here saying they liked it.