Lightwave Logic (NASDAQOTH:LWLG)

CAPS Rating: 1 out of 5

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Member Avatar SmartAce (99.86) Submitted: 8/4/2014 2:12:47 PM : Underperform Start Price: $1.14 LWLG Score: +19.59

I'd only give one piece of advice to anyone marrying. We're all quite similar in the end. We all get old and tell the same tales too many times. But try and marry someone kind.

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Member Avatar jed71 (34.95) Submitted: 8/4/2014 10:37:47 AM : Underperform Start Price: $1.24 LWLG Score: +27.35

Pretty easy downthumb, in my opinion. And a whole bunch of the "red thumb team" has apparently beaten me here whilst I was sunning myself on the beaches of the East Coast. TSIF provides a nice summation here :

http://caps.fool.com/Pitch/LWLG/7189636/i-played-this-one-a-few-times-.aspx

As for why I chose the downthumb, it's a bit of a combination between following some of my favorites, and the atrocious financials out of the 10-Q. Since January of 2004, the company has generated revenue of $5,700 WHOLE DOLLARS and accumulated losses of just over $33 MILLION. In addition, while you do have to dig for this information a bit, this company was formed in 2004 via a reverse merger. You can readily find this in the Statement of Stockholder's Equity in the line "Retroactive recapitalization upon reverse acquisition" on the first page.

Any company that requires 23 pages to list out its stockholder's equity transactions in its 10-Q, pretty much deserves an immediate downthumb. I was seeing transactions where founders were receiving shares in 2004 for $0.16 a share - 13,292,927 shares to be precise. I realize this was 2004, but I don't understand why anyone would value the shares higher than this price given their current financial performance and apparent lack of ability to bring a product to market. Yes, they could hit a home run and suddenly find some sort of wonder product, but given their 10 YEAR performance metrics, it seems highly unlikely.

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Member Avatar TSIF (99.96) Submitted: 7/31/2014 9:37:54 PM : Underperform Start Price: $1.18 LWLG Score: +22.75

I played this one a few times in 2012, must have gone unpickable due to volume or dropped off my radar for other reasons, as I see it continued to make speculating, day trading swings of 20% or more in 2013. It has also shot very quickly above $2 a few times. It remains a trader/speculator toy, sub $4M in assets at any given time the last three years and covering their $4M in annual losses by issuing enough stock to keep the lights on.

Remains "developmental", remains speculative.

"Intends to sell" it's "The company develops organic application specific electro-optic polymers and organic non-linear all-optical polymers that have high electro-optic and optical activity." to a broad range of customers.

The company was formerly known as Third-order Nanotechnologies, Inc. and changed its name to Lightwave Logic, Inc. in March 2008. Lightwave Logic, Inc. was founded in 1991 and is headquartered in Longmont, Colorado.

Accredited investor pony'ing up to $20M.

Additional warrants "1,191,000 outstanding options and warrants expiring during 2014 at an exercise price of $0.34 and $0.72" well below the current $1.15.

Directors, advisors, new employees all purchasing around $0.71., etc, etc...etc...

Share count starting to get up there, low float volume spikes may be limited....if they do make a major discovery, they could be "worth something", but I'm going to follow the 23 year results to date and ride this spike back down.

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Member Avatar pchop123 (79.56) Submitted: 7/31/2014 4:49:09 PM : Underperform Start Price: $1.15 LWLG Score: +21.54

great short right now

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Member Avatar getrichdietrying (82.37) Submitted: 6/12/2013 5:17:09 PM : Underperform Start Price: $1.01 LWLG Score: +30.00

It's a Spam

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Member Avatar BuffettJunior1 (97.54) Submitted: 5/5/2012 4:32:23 PM : Underperform Start Price: $1.21 LWLG Score: +68.43

I always wondered why companies like this are allowed to go public. Only a fool would invest in this trash stock.

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