Replies to post #152970 on Lightwave Logic Inc (LWLG)

[tedpeele]

To clarify: Even on a drop to 50 cents I would consider this to be a gamble.

At a market cap then of still $60 million for a 15 year unproven pre-revenue company I would still consider 50 cents to be high based on the Top 3 Red Flags in the sticky that I do believe are true.

However, as a speculative short term run I probably would find 50 cents to be appealing somewhat simply because some in the CULT will continue to buy all the way down to zero, so that will provide some short term rise/rewards situations.

"legitimate decent risk/reward" was a poor choice of words on my part

I hope that helps to clarify and you can now go back to small caps again.