Lightwave Logic Inc (LWLG)

[yanquitrader]

Most of you already know this - and thus I ask your indulgence. But for those who don’t:

Today was a powerful day. When being shorted and losing value daily, one looks for something called “capitulation” in price action. That represents a day when the last of those likely to sell actually do sell. It is typically noted by a very high volume of trading, with a huge spike down and, unlike previous trading days, a significant bounce off lows. This is exactly what we got today. The end of the day was nice confirmation- the market fell off but we maintained. Moreover, we had options expiration headwinds trying to tag us to $7.50.

It was a powerful day of resilience. I hate our pps - I have hopes to retire in 2022 as my wife is I’ll and we need to redirect our energies. That said, I have never been more bullish on this company. We knew a general market correction was coming. And we knew that stocks without strong revenue guidance would get whomped when that happened. But we also know that stocks with well defined revenue growth do exceptionally well during market corrections. So once we unveil, we should explode even during a market downturn.

I look forward to being able to divert $1 million to quality stocks being hammered by the correction- and still keeping 80% of my LWLG.

If you aren’t smiling, you aren’t paying attention.