Lightwave Logic Inc (LWLG)

[tedpeele]

long termers may ignore this. Last year directors started filing their stock sales on Dec 27, so this may be weighing on the stock today through the first week of January. The latest news is still being digested also. At some point we may see a bounce but may keep in mind that shorters - if they haven't covered yet - may well have something planned to help them cover at the lowest price possible. This isn't 'FUD' - it's just the reality of the current situation.

I'm hopeful for some company news - either a new and improved shareholder letter, or an announcement of a small commercial partnership (I don't expect a big one) - perhaps the Polariton product announcement? - sometime in the next few weeks, but have no idea anymore if they have good enough info to affect the stock price. Long term I'm still very agnostic - more than ever now with the latest developments.

Months ago I speculated that we may see $3 by the end of January, and if news continues to disappoint in 2023 it may be back down to $1 by the end of the year. Of course the Nasdaq is always a big unknown factor - and it's looking weak at the moment.

Hopefully the excitement and rosiness of longs is on target and all is well and the market will be in for a massive surprise..just isn't looking very good currently.