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Technology Stocks : Lightwave Logic, Inc.
LWLG 5.300+9.3%Nov 4 3:59 PM EST

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To: Flaubert who wrote (1576)4/17/2011 12:32:01 PM
From: caly1 Recommendation  Read Replies (1) of 1811
 
Thanks, Mark. I wish I had been bolder with buying NADVF now too.

I generally don't worry about insiders taking money off the table because I was one of them too at one point and know insider selling can have nothing to do corporate prospects, but what bothers me the most is the impact his selling has on the stock price. This is a thinly traded stock.

He sold 57,000 shares on a day when the total volume was 72,723. The stock opened at 1.20 and I think it was at 1.24 when the sells went in. His first sell went at 1.20, and his last at 1.10. We're lucky it closed at 1.15 only down a nickel.

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