I'm being serious. Lebby runs the company rather one-dimensionally. The science is his focus. Other important aspects of being public are ignored, aside from the clerical work Jim does. They're obviously capable of hiring competent people to handle important roles. (Karen Lui, lab staff, etc.) But not IR or someone who understands how to raise money and communicate with the investor markets?
We are at new 52 week lows during a time when Lightwave is doing better than it ever has in its existence. This is what mismanagement gets you.
I realize that Lebby is a savior for Lightwave and I'm glad he is the face of the company, I genuinely like him and vice-versa. I just wish he ran things like a CEO and not a CTO. Stock price does not interest him at all. This is not debatable. It hurts us and the company. I assume that part of the problem is so many are kissing up when they speak to him that he doesn't get a true impression of investor sentiment. He can do no wrong. He did get a taste at the SHM this year during the Q&A.
At the SHM Lebby gave the same style presentation he did the year prior, all science/device focus. In 2017 that was ok, he was the new CEO. This year he got backlash from angry investors wanting to hear about money, coverage, financing, stock price. You know, all the things investors actually give a damn about. Lebby seemed surprised and not prepared to deal with these upset people, Tom rushed up to grab the microphone eventually and calm things down. It was rather humorous.
I'm assuming this is an LPC sell down and will add to my position. Doesn't help the stock when all the good news lately has to be gleaned from slideshow presentations given to other people and explained to us by the few message board members who actually understand Photonics.
Lightwave needs to get it's shit together.
