{"id":7560,"date":"2015-11-23T00:02:11","date_gmt":"2015-11-23T00:02:11","guid":{"rendered":"\/?p=7560"},"modified":"2015-11-23T00:15:00","modified_gmt":"2015-11-23T00:15:00","slug":"lightwave-logic-inc-otcmktslwlg-turns-a-deeper-red","status":"publish","type":"post","link":"\/articles\/lightwave-logic-inc-otcmktslwlg-turns-a-deeper-red\/","title":{"rendered":"Lightwave Logic, Inc. (OTCMKTS:LWLG) Turns a Deeper Red"},"content":{"rendered":"\n<p><img decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/92\/92063\/lwlg_chart.png\" border=\"0\" width=\"450\" \/>The last few weeks have been a bumpy ride for Lightwave Logic Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LWLG\">LWLG<\/a>). In yesterday&#8217;s session the stock slid downhill a little faster, dropping 7% to a close at $0.65 per share. The quarterly report <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LWLG\">LWLG<\/a> put up after the closing bell on Monday managed to stop the red streak on the charts only momentarily.<\/p>\n<p>The quarterly came amidst a significant slip in share price as <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LWLG\">LWLG<\/a> was coming down hard from $0.86 per share. On the session following the filing, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LWLG\">LWLG<\/a> managed to stop the price decline and closed nearly 8% up but the reversal was not to last, as the red days resumed immediately after. Here is a brief summary of the balance sheet the report contained:<\/p>\n<ul style=\"list-style-type: disc;\">\n<li>$2.1 million in cash and equivalents<\/li>\n<li>$163 thousand in liabilities<\/li>\n<li>ZERO in revenues for Jan &ndash; Jun 2015<\/li>\n<li>$1.9 million in Q3 net loss<\/li>\n<\/ul>\n<p>The company&#8217;s research and development expenses ramped up significantly in the last quarter, leading to a considerable spike in net loss, with <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LWLG\">LWLG<\/a> recording net loss almost equal to that of the two previous quarters. Share issuance has been kept commendably at bay, with just a few thousand shares issued over the last quarter.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LWLG\">LWLG<\/a> recently informed investors that the company completed the fabrication of &ldquo;polymer ridge waveguide structures&rdquo; and they are now in &ldquo;passive testing&rdquo;. In separate news, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LWLG\">LWLG<\/a> also informs that its &ldquo;organic multi-chromophore polymer&rdquo; systems have gone through over 2,000 hours of testing. While we don&#8217;t have a physicist on retainer, this sounds an awful lot like good news for the company.<\/p>\n<p>Despite the positive release, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LWLG\">LWLG<\/a> slipped down the charts in double digits. Admittedly, there seems to be a bit of recurrence when it comes to this sort of behavior on the six-month chart. Almost every bigger price rally has been followed by a considerable retrace that pushed the price down significantly. The chart does imply that there is a lot of flipping going on with <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LWLG\">LWLG<\/a> trades and aggressive traders are using every opportunity to make a quick buck.<\/p>\n<p>The company has not done anything particularly outrageous in terms of share offerings and dilution, so the question here is how much an investor understands the fundamentals behind the technology <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=LWLG\">LWLG<\/a> is working on and how well they can gauge the progress being made and the possible time frame for commercialization of the in-development products.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The last few weeks have been a bumpy ride for Lightwave Logic Inc (OTCMKTS:LWLG). In yesterday&#8217;s session the stock slid downhill a little faster, dropping 7% to a close at $0.65 per share. The&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1064],"class_list":["post-7560","post","type-post","status-publish","format-standard","hentry","category-news","tag-lwlg"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=7560"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7560\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}