Although you are knowledgeable I think you’re not up to speed when it comes to traders. There are plenty of traders with plenty of money who couldnt care less how credible Lightwave is. They trade based on sentiment and this was good timing for them—spurred by the obvious-to me - change in sentiment fueled by AI fantasies that fueled their “what if” mentality. They saw a quick flip opportunity and took advantage of it.
Traders love story stocks. I guess we will have to agree on seeing this issue very differently.
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