I believe NASDAQ uplisting will occur within the next month or so. The company’s IR group confirmed to shareholders via email that they qualified for uplisting in June.
LWLG management has always stated they wanted to get to NASDAQ ‘organically’.
From an outsiders perspective, sure, I could see why various traders are short on the stock. I do believe if they spent time understanding the technology, LWLGs progress, and markets it is addressing, they would be long term investors.
It will be a choppy ride for sure, but the stock price will reach new highs once they announce a partnership and the news is digested amongst the industry.