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Lurker3

12/09/23 12:47 PM

#171233 RE: Lewrock #171232

Lebby stated there will be additional licensing deals signed within two months



Where did you hear that exactly? I read something else in the shareholder letter.
No time frame was stated.
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DanM51

12/09/23 12:58 PM

#171234 RE: Lewrock #171232

Yeah, an equal number of short shares to long shares for any tute doesn't make any sense to me. Maybe 1 share short/hedge for every 2 shares long does. They believe the story here, but want some protection. As for the daily-type shorting, we've seen it a lot--They drive the price down near/at the open, and it'll sit there. It doesn't take many shares to do it with the low overall volume. Even the "little" shorts can accomplish that...Can't wait to see what happens on a good announcement day where massive volume occurs.
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microchips

12/09/23 1:59 PM

#171245 RE: Lewrock #171232

All non-revenue microcap stocks have been under heavy downward pressure with shorting and selling since interest rates started to rise, including LWLG. I'm sure that there are sophisticated selling and shorting methods being used, but my conviction is that it is this larger pressure that has been most responsible for the price decline. As many have said here, we are at an inflection point with Revenue coming and potentially a more stable interest rate environment for a while at least. Given the number of shorted shares here and a likely turn to the positive side for microcaps along with all the news that is coming in the next couple of years, it's time for the long position to make money.