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Stock impact report

Jim Cramer on Lightwave Logic: “Perfect Candidate For Selling Half Your Stock Tomorrow Morning” [Yahoo! Finance]

Lightwave Logic, Inc. (LWLG) 
NASDAQ:AMEX Investor Relations: lightwavelogic.com
Company Research Source: Yahoo! Finance
We get a lot of calls about stocks that have gone parabolic here. The other day, I got a call about Lightwave Logic. It develops polymers for networking equipment. Everybody does that these days. Stock's gone from $4 to $13 in just over six weeks. This company has almost no revenues. It's up over 93% this month. Perfect candidate for selling half your stock tomorrow morning. Photo by Artem Podrez on Pexels Lightwave Logic, Inc. (NASDAQ:LWLG) develops and licenses advanced polymer materials used to improve data speeds in hardware for artificial intelligence, cloud computing, and telecommunications. It is worth noting that Cramer made similarly bearish comments on the company on April 13, as he said: It's hard for me to recommend this as a nearly $2 billion company when it's losing money, making a hundred thousand bucks in revenue, even if the story's real and just beginning to get etched into the AI supply chain. That's why I'd rather stick with Coherent or Lumentum, although yo Show less Read more
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