Jun. 8 at 7:44 PM
$LWLG 64 cents from a 50% haircut....and below
$10
Management's response to this deterioration of shareholder value?
How about not raising more cash on the runup and letting this slip back to
$3 or less...I am sure the extra cash is nice and I am fine with it, unless....keep drawing salaries, bonuses, and stock options, phase infinity 2.0, in the life of this and let the stock continue to slide with no meaningful, stock moving contracts or revenue...starting to look a lot like the
$20.30 run up in 2021...when the directors start reporting in masse they are dumping, it will be identical...still long and added Friday, but this is ridiculous...not many stocks have taken a 50% haircut the last 4 weeks, especially not many with the promise for the future this one has...DEFEND THIS HOUSE....and not by liking linked in post...the shareholders deserve defending at this point, they have stuck this out for years....
