Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The stock price has bounced off its recent low of $3.95. I bought my first 100 shares of Taser in 2003 for $3.85. Two years earlier Taser had hit a high of $20 based on penetrating a consumer market that never materialized. They pivoted to the law enforcement market and at the time were making early inroads. I was intrigued by a product with a gross margin of 85% fully protected by IP.
I traded MANY shares of Taser/Axon in the subsequent years but if I had done nothing but hang on to those 100 shares they would have been worth $37,500 within a year. Today those shares would be worth $375,000 (Taser has had two 2:1 splits and one 3:1 split since my purchase). Not bad for an investment of $385!
Taser/Axon has become “ubiquitous” in the law enforcement market. The markets available to Lightwave are orders of magnitude larger. Lightwave has a similar profit margin protected by IP.
My experience with Taser is one of the reasons I’ve hung in with Lightwave for 11 years. I’ve experienced the euphoria of making an astronomical amount of money in a single day and fully expect to experience the same with Lightwave.
From the Louden article:
"Bills introduced by Sen. Suhas Subramanyam (D-32), Del. Richard C. Sullivan Jr. (D-6) and Del. Kannan Srinivasan (D-26) would require data centers to meet certain energy-efficient standards to be eligible for sales and use tax exemptions."
Only a matter of time before other states and the feds have similar requirements.
How on earth will they reach the energy efficiency goals?
If you're a trader you absolutely need T/A. If you're an investor not so much. I've found over the years that when trading I'm competing against some really smart people and smarter computers around the world and frankly I'm not very good at it. What I've found is finding a company such as Taser or LWLG and concentrating solely on them is the way to make the most money over the long haul.
Having said that. There is a site called American Bulls that shows stock trades based on Japanese candlesticks. The site points out trading patterns and tells you IN ADVANCE when to buy or sell when the stock hits a certain price. I only mention this site because of the way it's played out for LWLG.
If you put $100 into LWLG on August 18, 2020 at $0.70 that $100 would have grown to $1,618. Pretty tasty. However, had you traded based on the candlestick buy/sell signals that same $100 would be worth $57,928, according to the site.
Coincidence? Possibly. I don't follow the site enough to know. Just pointing out that T/A can be a useful tool for traders
https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=LWLG
Prepaid insurance was $93,569 as of 12/31/20 and $232,254 as of 6/30/21. As you pointed out it was $123,877 as of 12/31/21 and $430,633 as of 6/30/22. Again, it looks like they prepay more in the second quarter than the fourth quarter.
Not disagreeing with your premise of increasing insurance expenses. Just trying to explain the difference between prepaid insurance expenses (balance sheet item) and actual insurance expenses 9income statement item). Apples and oranges.
HI Richard-
The numbers you quote for prepaid expenses are not actual insurance expenses, but deposits made against future insurance expenses. The accounting would be a credit to cash and a debit to prepaid expenses - a balance sheet transaction that does not affect the income statement. Once the expense is realized the prepaid account is credited and the insurance expense is recognized as a debit to the income statement. The increase in prepaid insurance could be simply the annual timing of when the insurance is paid.
At first glance I can't find insurance expense broken out on the 10Q or the last 10K.
IMO the passage of this bill is necessary for the GF deal to be finalized. Schumer is up for reelection and fears a possible primary battle with AOC. He’s going to want to make a big splash in Malta and what better way than to coordinate it with a GF/Lightwave collaboration. Not only saving the U.S chip industry but announcing a cutting edge technology that will leapfrog the ROW.
Sounds like we could see something by late February.
https://www.timesunion.com/state/article/Schumer-top-Democrats-push-250-billion-computer-16788014.php
“Sen. Schumer wrote this legislation with upstate New York always at the forefront of his mind,” Schumer's spokeswoman Allison Biasotti said. “We are already seeing the excitement in major employer expansions and thousands of jobs on the horizon from GlobalFoundries’ planned expansion (in Malta) and (his) push for Albany Nanotech to be a hub for the National Semiconductor Technology Center.”
As the House and Senate have geared up after the holiday break, House Democratic staffers as well as some experts say House leadership is on track to act on the bill soon.
“It seems like this week there's finally been some movement,” said Jake Harrington, an intelligence fellow at the think tank Center for Strategic and International Studies who has studied U.S. semiconductor policy issues. “It sounds like the House is going to pass through a bill and then, if that happens in the next couple weeks, probably February for a final package.”
I send a periodic update to certain LWLG shareholders. Thought I'd share the intro to my most recent update:
“Life is 10% of what happens to me and 90% of how I react to it.”
-Charles Swindoll
Lightwave Fever
The only thing spreading faster than omicron these days is “Lightwave Fever”. No doubt you've felt the symptoms. You check the stock price you calculate how much money you've lost on paper you get depressed you wait five minutes and check the stock price again it's even lower you get more depressed you try to think something else but you can't you wait another 5 minutes you check the stock price it's down even lower another $0.05! You try to think about something else you wanna take a walk outside and get some fresh air and sunshine but you realize it's freaking cold out and the sun won't be out for another two months. You try a diversion and check the news only to learn that Democrats are stoopid and Republicans are more stoopider and everybody’s gonna die from COVID so what’s the use anyway? You look for a ledge to jump off but realize you live on the first floor and the most you could do is sprain an ankle and what good would that do…
Yep you have “Lifewave Fever”.
Friday's "Mystery Shares" had NOTHING to do with quadruple witching. The only relevance to LIghtwave was the December options expiration. There was an OI of 2,500 contracts going into Friday that were ITM. Volume on Friday was about 30% of OI, mostly closing transactions. These options would account for AT MOST 250,000 shares. That is only about 5% of the Mystery Shares. My guess is some of the shares were taken off the shelf, for which we'll see an explanation PR in the near furure.
"Case Closed."
The top four investment banks involved in the Global Foundries IPO were Morgan Stanley, B of A, J P Morgan and Citigroup. During the third quarter three of these – Morgan, B if A and Citi took positions in LWLG. These were what I would call “starter positions” with Morgan the largest at 45k shares.
In looking at the huge increase in volume (12mm last week vs 4mm the previous week) it appears the institutions are taking a much larger stake. These are not shares to be traded but put away and temporarily out of the float.
We are getting close to an GF announcement that will likely come by the end of 1Q but could be much sooner. With each passing week there will be fewer and fewer shares available for sale. Once a foundry collaboration is announced there should at long last be some guidance for the analysts to work with. Speaking for myself I would be disappointed with a share price under $50 after the announcement.
Glad you brought up Phil’s name. I got to know Phil back in my Taser investment days and we became pretty good friends. No matter how busy he was he would always be willing to talk (often about his latest venture) to me – a relative peon. It was he that got me into Lightwave. He would always tell me to give them a target price or a date, but not both. But if he did promise XX$ by December and it didn’t hit, he’d simply say “I didn’t say what year”.
He battled a nasty bone marrow disease his last few years with constant hospital stays and transfusions but you would never know it to talk to him. He never lost his contagious enthusiasm and was constantly seeking new challenges. He was raising money for a billion dollar opportunity (as some of our European investors can attest) right up to his death.
He called me three days before he died to say goodbye knowing he was on his way out. Only time I’ve ever heard him down. He had so much more to accomplish.
Truly a life well lived with integrity and conviction.
GFS up in premarket.
"Multiple analysts initiated coverage on GLOBALFOUNDRIES Inc (NASDAQ: GFS). Credit Suisse analyst John Pitzer initiated coverage with an Outperform and $75 price target, implying a 20.8% upside. The analyst says the benefits of the company's 2018 strategic pivot from "bleeding edge" to "pervasive" are just now inflecting and sees semi-cyclical and foundry secular tailwinds for GlobalFoundries.
Citi analyst Christopher Danely initiated coverage with a Buy rating and $75 price target.
The analyst expects the company to experience the most significant margin and earnings expansion in the semiconductor group, with gross margin expanding from 14% in 2021 to 30% in 2023, driven by higher pricing and restructuring initiatives.
Needham analyst Rajvindra Gill initiated coverage with a Buy and a price target of $85, implying a 36.9% upside.
JP Morgan analyst Harlan Sur initiated coverage with an Overweight and a price target of $80, implying a 28.8% upside.
Cowen analyst Krish Sankar initiated coverage with an Outperform and $80 price.
Raymond James analyst Chris Caso initiated coverage with an Outperform and $80 price target.
Jefferies analyst Mark Lipacis initiated coverage with a Buy rating and a price target of $87, implying a 40.1% upside.
Baird analyst Tristan Gerra initiated coverage with an Outperform and a $100 price target, implying a 61% upside.
Price Action: GFS shares traded higher by 5.46% at $65.5 in the premarket session on the last check Monday."
I almost choked laughing at that one!
Latest financial lists 2,895,809,559 outstanding shares as of May 31, 2021. This number has been the same since at least February 28, 2018. On Otcmarkets.com the outstanding shares are listed as 4,459,654,727 as of July 16, 2021. Can anyone explain the discrepancy?
https://backend.otcmarkets.com/otcapi/company/financial-report/292302/content
https://www.otcmarkets.com/stock/SBES/security
Just musing but with the current worldwide emphasis on climate change how long will it be before LWLG is mandated into the data centers? 30% of the TAM may end up being conservative indeed.
Thanks, Richard.
Whoa! A 30% energy savings!! I've read that data centers are now using 3% (and growing) of the power grid. So we're talking about a ONE PERCENT savings of the total U.S. grid.
Gotta look into some numbers but off the top of my head I would say that's a pretty big savings.
One question that I've wondered about. What percentage of the energy used in the data center is attributable to the transceiver?
For example, if a data center uses $100 of energy and LWLG can save 50% of the energy needed to power the transceiver, how much of the $100 is saved?
I understand how R/V's work. The incoming company ends up with about 80% of the shares post-merger. Using SPOM as an example:
"bringing the total shares outstanding in the Company at the time of merger to 42,000,000. Gerpang Shareholders were issued 160,000,000 shares of the Company’s common stock bringing the total shares outstanding to 202,000,000 with no convertible debt post-merger."
I was assuming 1b of SBES shares pre-merger, with 4b going to the merger partner (Panshi?) for a total of 5b post-merger. Now that we have 3b pre-merger we're looking at 12b additional shares issued to the current owners of Panshi for a total of 15b post-merger.
Again, something smells. What am I missing?
My bad. Opened it and found this:
"NOTE 5 - CAPITAL STOCK
The Company is authorized to issue an aggregate of 3,000,000,000 common shares with a par value of $0.001 per share and 500,000 shares of Class A Preferred
stock. At February 28, 2018 and February 28, 2017, 1,062,650,079 and 106,099,580 common shares were issued and outstanding, respectively and 500,000 shares
Class A preferred stock has been issued and outstanding."
So they had 1.06b O/S of 3b A/S as of 12/28/18. Now they have 2.85b O/S two years later. Where did those shares go?
Thanks for the reply Mike. Can't open the link. Can you copy and paste the pertinent info?
Was not aware of any recent filings.
I sure hope you're right. Been holding since the "imminent" R/M news last July and put a lot of people into it so my rep is on the line.
But it's like anything - the longer it goes the more stale it gets. The response of "just wait for filings" is an act of faith, which doesn't square with reality.
To a neutral observer it looks like Robert has sold 2b shares at an average of .0015 for a quick $3mm profit. Not bad on his $50,000 investment.
"We all know blocks were created similar to $POM."
Actually "we" don't know that. Can you give a link that would support that?
The blocks for SPOM were created to compensate the target shareholders, simultaniously with the announcement of the reverse split. There is no such parallel with SBES. Where did these created blocks go?
https://www.otcmarkets.com/stock/SBES/security
Authorized Shares
1,000,000,000
08/09/2017
Outstanding Shares
814,080,625
08/09/2017
Could well be dated information. Don't really care if the shares are restricted or unrestricted, they all figure into the market cap. Maybe I'm missing something but how did O/S go from .8b to 2.8b when authorized stands at 1b?
From Schedule 13 G/A:
"The Reporting Persons’ beneficial ownership of 282,184,814* shares of Common Stock constitutes 9.9%* of all the outstanding shares of Common Stock, based upon 2,850,351,659 shares of Common Stock outstanding as of December 23, 2020, as reported by the Issuers Transfer Agent."
2.85 billion shares?!?! With one billion authorized?
Might explain the volume over the last 4-5 weeks. Not in a good way.
Something doesn't smell very good...
Nice compilation. I believe Phil Smith's 650k options expired 3-4 years ago. I will let you know for sure once I verify but I'm 90%+ sure.
Who is "co-CEO Martin"? It was supposed to be David.
UNUSUAL OPTIONS ACTIVITY INDICATES OVER $30 BY FRIDAY!!
There were 106,500 call options traded today that expire Friday. These options control 10,650,000 shares and were purchased for a total of $14,675,000. The $30 strike alone had 74,200 contracts purchased for approximately $8.5mm. Total OI prior to today was 8,800 at the $30 strike.
Further, 7,700 contracts were bought at the $35 strike and 7,600 at the $40 strike. That's for this Friday!!
Another 21,700 contracts were traded for June, with 16,100 of these at $30 or above. That's a total of over $23mm of trading activity in May and June calls just today.
There was nothing on the put side to come close to the call volume.
FOLLOW THE MONEY!!
Was expecting a decrease in the short position. Feb 4,5,6 had volume over 1MM shares/day down to the spike low of $8.10. Thought that would have been a lot of short covering. Has me scratching my head.
Wondering why we haven't gotten an official announcement on earnings date. Estimated date of 3/10 is only two weeks away.
The extent of this downturn has my stomach churning. Hoping earnings can overcome overall corona scare in overall market.
“Float” is somewhat loosely defined as shares available for trading. There are 47,371,083 total outstanding shares as of 9/30/19. Total insider ownership was 21,196,663 as of 12/31/18. The difference is close to your number of 26.7mm
There are 14,630,559 shares held by Institutions as of 12/31/19. While these shares are technically considered in the “float” they are not actively traded. If PAYS continues doing what we expect I do not anticipate a flood of shares coming from the institutions.
That leaves 11.6mm shares outside of insiders and institutions.
Further, I wonder how many of the remaining 11.6mm shares are in “strong hands” – long time shareholders not likely to sell for awhile? Half?
My point is the short interest is very high compared to available shares. Thank you for allowing me to clarify.
Yeah. Put in a bid of $2.70 just after the open with the stock at $10.12. Got filled at $2.67!!
Solid buying all day, including 150k in last 30 mins. Appears Mr. Short is heading for the exit. Slowly enough not to cause a panic – yet.
Short interest increased from 891k on 5/31/19 to 10,220k on 9/13/19. I figure average price of all shorts is around $14. They have a choice of covering now and taking a profit or waiting and hope the stock goes lower. Retail shorts will be the first to bail. The institutional shorts will initially try to protect their position with more shorting. Eventually 10mm shares short will be chasing 11mm shares in the float. Would not want to be in their shoes when the panic hits.
Chart is VERY strong. Blew through 50 dma at $9.63. Would like to see it take out 200 dma at $11.19 before earnings.
Up 22.5% from low nine days ago.
Rockin'!
Funny! I just grabbed some at $2.50. Stock was at $9.92! Can't believe lack of volatility premium.
Mr. Dec - My gratitude for introducing me to both PROF and PAYS from the CRMD board.
Picked up a few more Mar 7.5's today. Can't believe I continue to pick them up for a dime premium.
Seems like the sellers are trying to put a daily lid on the price. Friday it was $9.50. Today it was $9.60. Buyers continue to break through.
Not sure what you're getting so defensive about. I simply put out my projections on earnings and asked for comments. I've found that if you can more accurately project earnings than analysts the more money you can make.
Didn't realize you would be so sensitive. My apologies.
Trying to get a feel for 4Q revenues. I’m going with $12.1mm. This represents an increase of 34.3% over 3Q and 76.2% over 4Q 2018. This is based on the following:
The 3Q PR stated that PAYS was reiterating total 2019 guidance of $35-$37mm. The top end of this guidance gives 4Q of $12.1 mm. The guidance was given after a full month of the 4Q and they would likely know they would be at the top end of the guidance.
The 3Q PR stated that $210mm was loaded to cards in 3Q, and $88mm was loaded in October alone. If you take $88mm and divide it by the average of $70mm/mo in the 3Q it represents an increase of 25.7% over 3Q. But if you assume a ramp up of say $65mm, $70mm and $75mm in the 3Q then the first month of 4Q ($88mm) would represent an increase of 35.4% increase over the first month of 3Q ($65mm).
Analysts are estimating a low of $11.0mm to a high of $12.0mm with an average of $11.6mm.
Would appreciate any thoughts.
Don't think this was mentioned on the board. Not a lot of meat but very positive.
https://finance.yahoo.com/news/heres-why-think-paysign-nasdaq-163113714.html
Thanks for your input for both PAYS and PROF. Had some Feb 7.5's hoping for a preannounce on earnings. Just rolled them into my other Mar 12.5's. Also have some Mar 7.5's. Will pick up some more as we approach earnings.
Been looking at the short interest and it certainly seems to be tenuous.
Outstanding shares as of 9/30/19: 47,371,083 (per 10Q)
Insider ownership as of 12/31/18: 21,196,663 (per Sch 14A 4/29/19)
Institutional ownership as of 12/31/19: 14,889,104 (per Nasdaq website)
Short interest as of 1/31/20: 9,926,538 (per Nasdaq website}
Assuming the tutes and insiders aren’t selling, the remaining shares available to trade is 11,285,316.
That makes the short interest 88% of the available shares.
Not sure I’ve ever seen such a potentially explosive situation.
Recently came across an article that lists LWLG as a supplier to Tesla. I dismissed it for two main reasons. First, it was dated June 30, 2019 and it would’ve surfaced by now. Second it included the caveat “Tesla is rather secretive about the more than two dozen parts suppliers for the Model S, but the majority of them have been uncovered by diligent researchers”. Pretty vague.
But I was curious to read the reference to automotive in the update: “we have seen an uptick of interest from several new mark outside optical communications, including automotive LIDAR”.
Anyway, here it is FWIW. Anyone think there’s anything there? (I apologize if this has already been covered.)
https://www.investopedia.com/ask/answers/052815/who-are-teslas-tsla-main-suppliers.asp
You're right. It was marginable after the open and I used the margin to buy more. Then I noticed no buying power and a margin call! Guess they changed their minds.