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LOVELWLG

05/17/23 7:48 PM

#141424 RE: tedpeele #141423

If anyone really followed this company from the beginning they would know Fred Goetz initially was funded by the DOD to develop the polymer. DOD dropped the program and Fred continued on his own. Started his own company PSI TEC then TDON now LWLG. They stopped their relationship with the DOD around 20 years ago. When Zelibor became CEO government contract speculation was thrown around but nothing developed
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MarcoPolo4

05/17/23 7:59 PM

#141428 RE: tedpeele #141423

I believe the reasons I mentioned in my post are relevant but not gullible newbies running to buy stock in Lightwave. As I said, the majority of heavily shorted stocks have recently done well so I believe it is largely due to changing sentiment in the market. Several people including myself and especially you pointed out there are likely flaws in the the answers Google Bard gave so there is a need to be cautious. I don't agree that LWLG belongs in the penny stock category where pump and dump schemes can drive the price up and down dramatically. The company has much more credibility as a viable company than those you are suggesting. Most pump and dump schemes arise in companies hardly anyone knows or cares about. People buying such a stock do so with small amounts of money they can afford like buying a lottery ticket. The money involved would not move the price of this stock much if at all. The shareholder base between long term holders of LWLG and funds offers stability for the price. The long term price decline has been due to macroeconomic factors for over a year and the rising short selling due to the risk off environment.

The stock price will go up on real news worthy enough to bring in shareholders and lead to short sellers covering their positions. If they were smart they have started to do so in anticipation of the news.
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XenaLives

05/17/23 9:15 PM

#141433 RE: tedpeele #141423

Your post is total fiction....

MarcoPolo4 - may I ask if you have dabbled to any degree in penny stocks? You may not be aware that there are some traders who are millionaires from the pump and dump days who wouldn't flinch at buying say 20,000 shares for a quick flip. Some on this board, I have no doubt. I've been on the boards long enough to know that postings sometimes do affect a stock movement. Much more for a smaller stock, but can even happen here if the news changes the sentiment - and the AI news - although resisted - did change sentiment. It is very titillating to think that Lightwave and the DOD have a $10m agreement, as well as the other things. YOU may have seen right though it along with some others, but did you not read what others were saying? Clearly some believed...I'd say the AVERAGE response has been 'the vast majority isn't true but surely SOME of these things are' - which is a bullish sentiment...and it was pumped HARD.

Add to that the fact that Lighwave is one of the top read on this website - which is heavily devoted to penny stocks - as well as the LONG history of being on the OTC board and traded like an otc stock.

All it would take is a few people buying shares to get it moving and bring in the chart folks to keep it going. Add to that the Belgium folks and you have an outright rally going...and don't dismiss the coincidence of the AI 'discovery' at the same time as the newsletter, as well as the timing of coming out right when it was at new lows.....some savvy folks here trading with deep pockets IMO. They know the potential of a 'story' stock to move on just about anything.



Retail is only 22-23% of total volume, at most....

It's fact that there was no significant shorting in this stock until the institutions started buying in and loaning out their shares.

Retail is NOT a significant factor here.


https://www.forbes.com/sites/dereksaul/2023/02/03/retail-trading-just-hit-an-all-time-high-heres-what-stocks-are-the-most-popular/?sh=5e19c5d96664