Lightwave Logic Inc (LWLG)

[tedpeele]

For Joe: my current 8,000 share equivalent is the lowest share count I’ve had since the Telcordia announcement. My share equivalent going into the OFC was somewhere between 35 and 40,000.

Shares were sold FIFO I think — most is in Roth so it doesn’t matter — which is why the cost basis is around eight dollars. Remember, I have been trading shares and options while keeping a core position.

The 5000 in the one account I showed only illustrates that I am currently long. That was the only purpose of posting that account information earlier today. People made an awful lot of false assumptions about what I showed in that account.

I manage a couple of family accounts besides the three of my own.

If the company finally announces revenue generating news I will quickly buy back additional shares, depending on the Risk reward at that time.