Replies to post #142898 on Lightwave Logic Inc (LWLG)

[inveterate]

Xena, you are absolutely correct. Sorry to be slow to respond but I was out running errands. The red line is indicative only of the median price for the period which is covered by the flag portion of the chart - basically the last two years. So it indicates the breakeven point for stock purchasers since the spring 2021 breakout. Those of us who bought earlier are not represented in that grouping - obviously the overall average price is much lower.

[inveterate]

Xena,
Here is an expanded chart which tracks the volume of sales (red line) since inception. The yellow rectangles on the right side indicate down (selling) volume and the blue rectangles indicate the up (buying) volume.
This chart goes all the way back to the beginning. So it looks as though the largest volume of stock was acquired over the years averaging about the $.67 level. (I wish that was my average price!)
It is only during the period from the spring of 2021 to the current day that the average price at which people purchased had risen to the mid $6 level.
Overall, since inception, the longs tend to have the balance at under $1.
I hope I am making sense!

https://www.tradingview.com/x/w9nOKGyZ/