InvestorsHub Logo
Followers 90
Posts 3890
Boards Moderated 0
Alias Born 02/13/2013

Re: Sonata post# 146229

Tuesday, 06/27/2023 1:11:55 AM

Tuesday, June 27, 2023 1:11:55 AM

Post# of 197914
Two observations. With the Russell listing a wider and larger distribution of Lightwave shares has taken place (at around $ 6,75) in index funds. A larger part of professional investment funds now owns or follows Lightwave Logic. The institutional ownership was at 27 Mio in May and seems to have remained around this number to date. The outstanding orders still to be delivered ( already sold, shorted shares) have increased to 23 Mio. One of the highest market short ratios , nevertheless trading volumes for LWLG have picked up nicely this month.
Second observation, the shorts are very present here on Ihub likely driven by concerns to lose control especially now that more important professional market parties and market cloud have been added.
The fact that there is little information to time the market and that this week somehow is still an integral part of the companies ASM timing and milestone guidance presentation adds to the tension at this board .
Shorts are on edge, rightly so. There is a lot of money at stake and their trading position has lost relative importance and therefore has deteriorated.
The company has the power to surprise the market and I think Lebby, if at all legally possible, prefers this scenario given the ‘ ‘unjustified short position’, of which he is well aware. IMO, LWLG shareholders will be positively surprised. I prefer to follow the company information and not your interpretation, even if it takes more time.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LWLG News