Not despite, but because of this. The institutions make some money as long as they earn some interest. Moreover they have the possibility to buy new shares back “off exchange”. These shares can come from ( short) sellers. In other words a double edged sword interest income and accumulation of share ownership at lower prices. This will change the moment it becomes clear that Lightwave will generate revenue income. The upside potential will be bigger than the downside nickels and dime income from shorting and interest, Moreover financial analysts can than ( for the first time ) start to calculate real company values and future income streams. That will drive marketvalue ( upward we all believe) and the share price up. Conclusion: we need news on the foundry results because that will enable institutions to start to calculate the enormous upside potential. Like you I am waiting for that to happen as promised before year end.
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