Lightwave Logic Inc (LWLG)

[yanquitrader]

This may explain the huge position shorts are taking in LWLG. In my LWLG news on TD Ameritrade today, there was an article about Fed tightening that included the following:

“Sector Performance: Some sectors of the market struggled during the previous tightening period more than others. The Utilities Select Sector SPDR Fund (NYSE:XLU) more than doubled the S&P 500's return during the previous tightening period, generating a total return of 30.6%. The Real Estate Select Sector SPDR Fund (NYSE:XLRE) was also a top performer, generating a total return of 27.9%. On the other end of the spectrum, the Energy Select Sector SPDR Fund (NYSE:XLE) generated a negative total return of 23.3% during quantitative tightening, while the Materials Select Sector SPDR Fund (NYSE:XLB) generated a negative total return of 6.3%.”

Note the section on Materials. That’s our segment, accurate or not. Perhaps they see the tsunami of Fed tightening almost upon us and are aggressively positioning themselves short across weak sectors?