Replies to post #169766 on Lightwave Logic Inc (LWLG)

[Dead On Arrival]

I have positions in two stocks that are tracking in the same direction. Both CEO's have stellar reputations that have taken a hit this past year. They are LWLG and NB. The stock prices are eerily similar in price direction. NB investors were somewhat misled by management and the result was a brutal merger to get on the Nas. It did nothing but wipe out retail shareholders. LWLG has followed the same route but did it organically, However it has also misled the shareholder base by promising timelines that never materialize.

LWLG I never really trusted but thought the risk/reward was to the upside. Niocorp was where I place my faith until they merged with a scummy outfit and I bailed right before the merger took effect. I am back in 50% at a much lower price than the merger but the stock keeps dropping. Even if you really think you know people, you are still taking a big risk. This year has proven to make that case true.