Lightwave Logic Inc (LWLG): Combined, Vanguard and Blackrock now own...

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CarlinNM

Re: None

Monday, 08/14/2023 3:43:37 PM

Monday, August 14, 2023 3:43:37 PM

Combined, Vanguard and Blackrock now own roughly 16M shares. BOTH of them are still underwater, but rather than selling a few shares at a loss, they've been averaging down. Does that sound like they are concerned about this investment? I don't know WHEN, but I think a squeeze is coming. October may be a good month for shareholders if the company can drop a news bomb around the timing of the ECOC. Per company guidance, 2024 is the beginning of the commercialization ramp up. We may not see any forward revenue guidance until the ASM next spring, but as long as the company continues executing on the biz plan, I'm fine with that. With the right catalyst(s) this stock can run multiple dollars in a single day IMHO.

Bullish

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