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LightwaveRF - an RNS which misleads

By Tom Winnifrith, The Sheriff of AIM | Wednesday 25 May 2016


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


I have picked up LightwaveRF (LWRF) before for the way that it mangles the English language in its statements. It makes Chris Oil look like John Le Carre. Back in July 2015 I took its language mangling as an intent to gloss over the grim reality and said it was a Red Flag The shares have duly collapsed from 38p to 15p and today it serves up another RNS which is misleading. It is bullshit.


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