Replies to post #70798 on Lightwave Logic Inc (LWLG)

[spartex]

I'm seeing the volume of LWLG settling down after 1.5 mil on Friday and closing at $7, after running up from low 4's June 14th to 7 on June 17th.

It would make sense (and is considered normal and bullish pattern) to see the volume fall off some, and price hold in a tighter range until there is the next news event. Holding in 6.8 to 7.2 or so is very good.

Now of course if there are naked shorts, who knows what they might do (cover supporting the price or short more to their demise later on).