Lewrock..
I also absolutely agree with your prior statement below:
Re:Contrary to popular opinion on this message board, I believe individual investors are supplying the shares that are being gobbled up by institutions
I have always felt that as tightly held as everyone here knows LWLG stock is, that there were always enough shares available in the tradable float to accommodate the volume over the past couple of weeks. I also believe what someone else on this board mentioned over the past few days (it may have been you Lewrock, I can't recall) as the likely explanation for these late day "prints" at the market close, or just after the bell: that being that some big orders were given to a broker for x amount of shares, designated not to exceed a "limit" price. These type of orders are then "worked" throughout the day by the broker and whatever amount of shares they were able to execute that day are reflected at the the close, or just after. I feel very confident that this is what has been happening. That being said, the similarity in the size of the trades has been somewhat interesting. As always, I could be wrong.
Lastly, I used to work at a brokerage firm in the mid-1980's as well. In fact, quite ironically, I worked in the same office with Steve Cordovano - the former IR for LWLG. In the 2008-2010 time frame, when I first saw his named name mentioned as the IR at the end of a LWLG press release, I contacted him by email, and then phone, to confirm it was the same guy. It certainly is a small world.
Best,
Tod
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