Xena, Thanks. With LWLG, it sounds like their science is cutting edge, but not having a background in this area (zip), I'd mainly have to go by the stock chart (which looks vulnerable), and the lack of revenues, etc. I try to follow Buffett's advice to stay within one's 'circle of competency', which unfortunately doesn't include advanced photonics. On the other hand, positive news flow could override the bearish chart, which is what Wall St is likely waiting for --> more deals to confirm the first one from last year. The chart suggests that investors are tiring from the wait, so I'd say watch that $4 support area closely.
With these tech stocks there's always the risk of being 'blinded by the science', which is common among tech oriented investors. It's easy get mesmerized by cool science, but dangerous since so few people have the specialized background to analyze the stocks. I sure don't, but a nice 10 year stock chart I can understand, so that's what I mainly stick to :o)
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