We are in the right space at the right time. As an
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Posted On: 06/08/2017 7:06:02 AM
We are in the right space at the right time. As announced at the shareholders meeting a packaging partner agreement is in place however the name was not announced it may be soon or a partnership or the 25 Gig modulator they are very tight lipped at this company. Furthermore there is a conference next week to plan the path forward for this industry and Lightwave Logic is going to introduce a new material to the world, Polymer Photonics. Typically when events like this occur people will sell on the news, I wonder if it will be a typical event?
As far as the PR, When this is announced I would not necessarily look at the financial news so much as the scientific journals like Nature, Science, however Forbes I guess may pick it up.
They have money in the bank and while they are actively seeking a partner they are not chasing it, when the data is announced, “they will come to us”. that is very good position for long term shareholder to be in.
I just checked and remember that while this data is a little old it certainly does not appear to be in line with what I remember in the past. Follow me now the average trading volume displayed is at 1.2 million shares per day (no longer) with 264k shorts and a days to cover of 0.2. Typically this company has maybe 20k sometimes 50k. If there are still 264,500 shares shorted and an announcement is made they may decide to cover. That added pressure would be nice.
As far as the PR, When this is announced I would not necessarily look at the financial news so much as the scientific journals like Nature, Science, however Forbes I guess may pick it up.
They have money in the bank and while they are actively seeking a partner they are not chasing it, when the data is announced, “they will come to us”. that is very good position for long term shareholder to be in.
I just checked and remember that while this data is a little old it certainly does not appear to be in line with what I remember in the past. Follow me now the average trading volume displayed is at 1.2 million shares per day (no longer) with 264k shorts and a days to cover of 0.2. Typically this company has maybe 20k sometimes 50k. If there are still 264,500 shares shorted and an announcement is made they may decide to cover. That added pressure would be nice.
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