There vein should be happy it dropped below 4, just what he wanted. Enjoy.
I’ve been here since this was just a vision. It has been a long road, I watched this move from a garage to a world class lab with world class talent. It has been interesting to watch the shorts try and sow the seeds of doubt. They used to say that the polymer was not stable, they used to say that it could not be packaged, they used to say that temperature was an issue, they used to say that air was an issue, they used to say that it could not be mass produced in a foundry on wafers only on the bench. It is interesting to watch them get knocked back on their heels and be proven wrong as one patent after another rolled out and proved that they had solved that issue, so they move onto something else. The shorts brought this price down by selling 20 million shares, they have not covered those shares yet. In other words there are 50k more sells than buys and yet the price is up 4 cents. Think about that, shorts are slamming yet the price rises during the day, that is showing that the demand exceeds the supply, and yes they bring it back down at the end, yawn. As for when the shorts will cover, yawn, not sure they can hold out for a long time or they cannot. Unseen events can cause them to scramble, can not predict that.
Lebby now has the attention of the Tier1’s. I’d like to see a deal with a tier1 whereby they set up another company to develop one of Lightwaves verticals and dividend shares to shareholders. Understand that when that happens everyone except those that have loaned their shares receives that dividend. It is up to the shorts to locate and provide that dividend to whomever they borrowed those shares from.
The shorts effort of late shows that they are beginning to understand that days to cover before an announcement is quickly coming to an end. They are trying to persuade others to assume their position. Typically shorts will cover during a financing maneuver but once again we see that Lightwave consistently keeps the cash on hand out 15 months, with no debt and this frustrates them. I remember when they used have less than 3 months of dough, that was scary, but with no debt, yawn
I’m looking forward to a little boots on the ground next week, and learning what I can.
I know that many want to know exactly on what day of the week they can expect an announcement of a tier1, beats me, complaining won’t help though.
X, Complaining helps Nothing
Bullish
