Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

There should be no surprise to see the stock trading where it is. The last monied PR was garbage. 150K is akin to dropping loose change on the floor. In the big picture with what is looming it means nothing since there has not been any follow through. With the sheer lack of news containing revenue over the course of Solms tenure through the last few years of the genius, in retrospect it is shocking to see the price this high.

One can argue the company tech should be worth more than this. Valued by whom? The shareholders don't count. It certainly isn't valued by competitors, or why isn't there a move to take the company out? The past week since it broke out of the .60 range has been the start of the spiral down. Any stopping of the bleeding at this point will be wavoids, not new money coming in. There has been nothing over the last few years to bring in new investors to make them hang on for extended periods of time.