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frobinso

01/06/23 2:12 PM

#129578 RE: SteveSchiets #129576

Nice post. I added 450 shares today and have a Conversion of 7000 LWLG shares moving from a traditional tax deferred IRA converting into my Roth IRA for tax free future growth by taking the tax hit now.

This is following my view that from a long-term perspective these actions are going to pay off big, as they have already done once before. I did take some profits earlier to cash when we climbed to $20 and feel blessed to have later paid off my home, vehicles, and credit card debts between July and October of 2022 once I gained penalty free access to withdraw from my retirement IRA accounts upon turning 59 1/2 in July.

If we should happen to take another leg down, which I hope we do not - but if we do, my plan is to convert more shares into my Roth IRA and I have already for the most part separated myself from this poorly administered board that is fixated on interacting all day long with folks that have ulterior motives, and try to slander corporate execs and an industry leading CEO that has devoted his entire career to the advancement of photonics.

That is how you stick to your guns during broad, market wide downturn events that have nothing to do with the very bright future of this company.
Bullish
Bullish

DanM51

01/06/23 2:18 PM

#129580 RE: SteveSchiets #129576

I don't think Charlie Munger or Warren Buffett would advise to invest in a penny stock, and wait a couple decades for it to make any revenue. The newbies here, like myself, have to decide if lwlg's rise to $20 was a "fluke", driven by forced index buying, and general top of bull market hysteria/exuberance. Sign a deal before the ASM Lebby!

crmar

01/06/23 2:38 PM

#129583 RE: SteveSchiets #129576

Great post Steve ,
Me and a lot of Belgian investors know about lwlg thanks to you and Walter.
In the beginning this board was calm and i saw real conversations . Now i have the
impression that there is a lot of frustration and hostility .
Why? ?
I don't know but i like your post and what i do know ,
if you can't stand the heat .........

Thanks steve ,
grtz