Replies to post #230719 on Lightwave Logic Inc (LWLG)

[Treebaum808]

Before market open yesterday, the shares available to borrow dropped from 350k to 35k. Then, BEFORE market open, over 150k shares were sold. This creates a psychological and market effect. Psychologically, people see the massive red candle, know an ER is going on and think "Oh, must be really bad PR, gotta sell". Mechanically, this massive red candle will eat any stop losses that were set around these levels, creating a cascading effect. If you look s at volume yesterday, we were about 2M shares sold, 2M shares bought, and 2M neutral. The fact that the price tanked from 5.80 to 4.30 on a nearly dead even trading day means high frequency, low volume downward manipulation of the share price.

[tedpeele]

I can believe that yesterday computer algos saw the drop, looked at RSI or something else and hit the sell button.

TO me that isn't manipulation though, at least not in the traditional sense. The same computers that sell, have to buy back, if it is shorting.

My earlier explanation just makes sense -- the stock went up 80% in a month and people were hoping Yves might say something to increase excitement going into the OFC -- had he said "we anticipate a 'coming out' for Lightwave at this year's OFC" and "one or more of our partners are household names" can you imagine what the feeding frenzy would have been like? Double digits would not have been a stretch then.

But instead we got nothing for the short term and several things that were 'down the road'.

I'm not pushing a narrative here -- I think this is BUY time because the announcements will just keep a comin. But just trying to explain what happened yesterday.

I am hopeful that we'll hear more from NVIDIA at OFC about their increased interest in areas that directly impact Lightwave. They dropped a bombshell last year...and just invested $2B into each of Coherent and Lumentum -- co's Lightwave has some very close connections to. So, you never know....