Lightwave Logic Inc (LWLG)

[Nrdc92]

No. Index funds track a specific index - in the case of LWLG, the Russell 2000. So, the index fund MUST own every company in the index in the same proportion occupied by the company in the index. As more investors purchase shares of the index fund, the funds must purchase more shares of ALL COMPANIES in the index to satisfy investor demand.

That’s how it works. That’s why Vanguard and Blackrock purchases don’t mean shit. It just means that they have to add shares to their index funds to accommodate new investors.

It’s not a complicated concept, yet a slew of imbeciles on this board endlessly claim that “institutional buying” is a vote of confidence for LWLG. Obviously, it’s not.