Lightwave Logic Inc (LWLG)

[MarcoPolo4]

To quote a well known quarterback when he was in Green Bay "RELAX". Today's share price action was going to happen sooner or later following the nice run up we had after the ASM and the news about a commercial agreement. On some days there is just a bit too much the share price may be up against to allow it to rise. We had the good run after news but the news could have better with more details so not strong enough to fight this headwind. Rapid rises in share price ususally has a takedown sooner or later. The high short position (and growing obviously) adds to the equation. We are in a volatile stock with not a very high float, like it or not, so the price can be moved up and down by shorting and buying on the dips. Over the past year traders who have traded the ups and downs have done well while shareholders who have kept informed and held have not done well on paper. There has not been enough positive news to sustain the price and keep it rising. The Benzinga events have been more like Meet and Greets with no news to come out of them. Unfortunately Lebby ends up saying things are going great but there are no statements that can be made in the presentation to suggest we are close to significant revenues. He has had to hedge when asked questions due to the fact that NDAs hold him back. That is not a good look to some. So the price goes down hard today.

If you are a real shareholder and not a trader today is but a blip on the map. Significant news will be coming over the next several months that will move the price higher. If you have done your homework and know the strong patent moat, the test results, urgent need for the Lightwave technology to be implimented then "RELAX" your day will come.