Lightwave Logic Inc (LWLG)

[prototype_101]

while I would have liked it better if the final tapping took place at $10+ I certainly can not blame them for their continued conservative tapping of the last $7.5 million, if you consider that historically the average tapping was done at about 75 cents, then this final tapping was done at 5x that normal level, and knowing that LPC got the shares so early in the PPS run up I would surmise that all those shares were sold back into the market easily be the time we reached 17

I still contend the $5-$10 range is a reasonable valuation for Developments and IP to-date, although that can change quickly once the PDK's are completed, and I would expect detailed look at PDK's at the ECOC

I really don't think Shorts will be able to get the PPS below 5 because the potential of LWLG is so BIG and so REAL, and anyone doing proper DD will come to this same conclusion, so a $500 million valuation is peanuts for the risk/reward potential, personally I think this will bounce back to 11 fairly quickly, and news flow could send it to new highs quickly, and if Shorts are over 1 million shares now, a squeeze could exasperate any move higher