Lightwave Logic Inc (LWLG)

[tedpeele]

To describe it as "business as usual" doesn't jive with what I'm seeing

He exercised his option right to buy 50,000 shares at .84 and then sold 27k of them at market prices. That's how the filing appears to me. The cash needed to buy would have been around $42k, yet it appears he banked over $200k by selling. At least he kept the remaining shares, but IF that is a roughly accurate depiction, one wonders why he would sell any at all at this point in time.

Still bullish short term as the overall market rally isn't over, skeptical longer term.