All that matters is, they are simply trying to match an index rate of return. They have no incentive to make a profit in the funds that have purchased Lightwave. Vanguard’s website says this. And I found a description of each of Blackrocks three largest funds holding LWLG that says the same thing.
I don’t know how they choose the stocks that they choose within a given index or why they add to it or subtract from it. But it doesn’t mean anything if they choose Lightwave. All that means is lightwave met their criteria that helps them mirror the particular index ROR
That’s why anyone here that thinks their ownership of Lightwave is a positive sign is just wrong.
LR, I think what Ted is saying is that the reason LW’s stock price has been going down almost everyday has nothing to do with the progress being made by Lebby. The index funds are passive and are selling because the market in general is going down and the computers are just trying to match the index.
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