Lightwave Logic Inc (LWLG)

[tedpeele]

GP and Xena, i guess I misunderstood what I’m reading about mutual funds. While a person who purchases a mutual fund gets an NAV that occurs after market close, the stocks purchases and sales made by the mutual funds surely are occurring during the trading hours though I cannot find anything to validate that. But it does make sense.

So, if a blackrock is buying shares of Lightwave during the day, it can make the price go up. It can provide price support. Their own purchases affect the index that they are buying into. But if their goal is to just match that index - as i showed is the case for their funds that buy Lightwave - it seems they shouldn’t care what the stock price does. But if their choice can help prop the stock price up, the company might care, and they can further their social agenda by telling the company what they want - ie diversify your boards, make your company green, etc, and threaten to exclude them from their own mirror index if they don’t comply.

That’s an odd concept to me but I’m not sure how much it helps the price overall since we still are talking small percentages of the overall volume of the stock