Lightwave Logic Inc (LWLG)

[BuyNStonks]

Which day dropped 8%? The shorts covered 1M shares between 7/14 and 7/31. 7/31 was a flat trading day with an open at 6.71 and a close at 6.72. T + 2 has to do with settlement and dotting i's and crossing t's. The trades still happened on the day they happened.

Your $.01\1000 is $100 increase with 1M covered. Off by a factor of 10 is $10. Why didn't we hit $16 with all that covering? It would seem like more than a factor of 10 since the share price dropped 22% in the period 1M shares were covered.