Lightwave Logic Inc (LWLG)

[jeunke22]

Although I agree that a lot of transactions are outside the normal trading hours and MM’s have control over the share price during normal trading hours, the prices outside ‘off market’ follow the normal ( controlled) trading hours pricing. MM’s like Citadel make their money on order flow, that is number of transactions, not on the share prices. If there are e.g. no buy retail transactions, their interests shifts to sell transactions or shorting for that matter. Volatility is Market Makers biggest friend. Lightwave with its large “ holding” retail base and low float is a ‘pretty bad business’ for Market Makers. Overall on stock exchanges there are around 40 Mio share transactions/day or 10 Billion per year ( rising very fast over the last couple of years ). Lightwave has on average a couple of hundred dollars thousand share sales per day, which means probably a few ten thousands of transactions, a minimal impact. LWLG is small fish. 23.5 Mio shares are short ( these are sell transactions) for which Market Makers already paid their PFOF fees to brokers. Money down the drain, but in the ‘ grand scheme’ of things a minor loss to absorb temporarily, because the shorts need to cover and bring in new transactions.
Our LWLG share price will change when Market Makers see more buy transactions coming along. That’s when a cataclysmic news event hits and new demand will surface. I think we just saw transactional volume rising ( at around $ 6,75) thanks to Russel reconstitution. Good sign in my opinion, because it means new demand & more share distribution & transactional volume.