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Lightwave Logic Inc LWLG
(Total Views: 299)
Posted On: 07/26/2017 8:21:48 AM
Post# of 872
Posted By: proto
Additional 7% or so selling pressure that this additional shorting on a continuing MASSIVE short attack IS significant!

Plus the S-1 and Notice of Effectiveness of the LPC financing agreement was in mid-June, and with the PPS more than DOUBLE where funds were raised using LPC last year, I'm virtually certain LWLG did some "tapping" for 2018 funding! What happens when the funding is complete and this temporary overhang ends?

Lastly, with the PPS still more than DOUBLE where the rally began, and with average Warrant and Option Exercise price of 0.90, I'm virtually certain that such activity continued throughout the entirety of the 2nd quarter! What happens when this temporary overhang ends?

Advice to shorts would be to cover now, before news of 50Gbs device, or a Partner/JV deal are released, reverse position and make $$ by going long!













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