The bright side is the stock could still be sitting under 2.00. The only thing that has really changed is the CEO's wording in the presentations and an award from ECOC. Investors are still in the dark about when Revenue will start.
Speculative price could be anywhere from 5.00 to 50.00. Investors get tired quickly these days. Especially since you can move money quickly into other plays. It's not like the old days where you have to call a broker and it cost 50.00 a trade.
If you just keep hearing about internal revenue models and mass commercialization over and over again and it seems like nothing is happening, investors are going to leave.
To be able to purchase this under 10 is a literal gift.
The only folks selling the stock are selling short. That means they have to purchase the shares back, and pay interest while they're short.
I welcome this personally. They may be able to exit the short for a nice profit, or they may get caught off guard by an announcement linking this to a foundry or new financing.
Going to be a fun end of 2021 for Lightwave holders!
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