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ootommy. you are correct, there were
a lot available at $1.75 all week and just before
the open. D&O man had a sell in at 1.73 that got taken
also in the 60,000. Someone wanted in real BAD.
The manipulators saw this and started shorting at 1.65
and finally took it all the way down. The faint of heart
gave up and allowed them to do it to us.
Those that try to chart the stock price will never
get it correct because of the Manipulation. The take
down was through the ECN's as the Market Makers were
on the sidelines for the most part.
Some Day soon they are going to be caught.
Best Regards,
Roy Sr.
weets, Let's hope any guidance is NOT
Sprague Speak.
oknpv/scorpio. The Shorts do not get off FREE
holding from month to month/year to year
because the Brokerage House charges them a fee
every month.
After 7 to 8 years their profit is shrinking.
Regards,
Roy Sr.
guci1. While I deplore the TACTICS
that SKS has used to keep stringing us along for
the past seven years, SKS is not the main reason
that we are at $1.76 as of 10-19-07.
The trading system for penny stocks, which WAVX is
one,is FLAWED.
The SEC or Nasdaq do not monitor the MM's or the
ECN's that are the vehicles by which stock is
supposed to change hands.
The Market Makers are supposed to MAKE A MARKET in
a stock that they have been approved to cover.
To "Make a Market" you Sell Stocks you do or may not own
or you Buy Stock you do not need to Buy. By doing this
the MM's gives you a chance to Buy or Sell a Stock
where there are no BUYERS or SELLERS.
A few years back when On-Line Trading became available
a need existed for the On-Line Brokers to enter your
stock orders therefore creating "Electronic Communications
Networks" (ECN's). ECN's do not have to "Make a Market".
People that use ECN's are people like "WAVOIDS" or
TRADERS that can get in and out of a stock by the click
of a mouse.
Ok, this seems INNOCENT enough to the average person,
but there are those that like to manipulate. They
can do the manipulating by using TWO different accounts
giving them the opportunity to be on the BID and SELL
side simultaneously. They also can work with their
BUDDIES to produce a desired outcome.
Common Sense will let most people ask::
Why are there a lot of trades for 100 shares, when
the cost of a trade is $5.00 to $10.00 On-Line?
Why are the last trades most often below the last Bid
or most always lower than the sell?
Why on any Good News is the Stock CAPPED after a good
increase after the Buyers slow down? (even though the
retrace is for less than 100 to 500 shares?
Why are there close to TWO MILLION SHARES SHORT when
the possibility exists that WAVX could explode any
day with GOOD NEWS? This has existed for years.
Why are we currently .30 cents under what PP cut-thorts
paid for the STOCK?
I am not saying that we should be at $10.00 today but
there is no reason that we should be below the last PP.
The SHORTS have always had an EDGE on us. Is it because
there is someone that figures they can MANIPULATE the
outcome?
WAVX has great potential and most of us here know this, but we will not get past these Manipulators until the VOLUME is more than they can influence.
I have passed my concerns over to Nasdaq and SEC and they
have tried to see my side but without me having the PROOF
there is nothing they can do. I keep telling them that
they Can get the PROOF that is beyond my ability.
I know some of you will not go along with what I just
alluded to but THINK ABOUT IT ANYWAY.
Regards,
Roy Sr.
Vader $1.80 with 90,953 shares.
Regards,
Roy Sr.
wavxmaster. It was going to be $1.74
until someone purchased 10,000 shares at market
with 4 seconds before close.
Regard
Roy Sr.
UncleverName. Thanks and
I totally agree with the messages you have posted in
the past few months.
I am like you in that I can live with most things
but lying or exaggeration by people are not one of
them.
I wonder who is next. I used to look forward to
meeting everyone in Las Vegas but I don't have
the same desire anymore.
Thanks for your efforts.
The Very Best Regards,
Roy Sr.
Snackman, The first one for $1.56 for 1500 shares
likely was not the same as the next two, as the last
2 were only 2 seconds apart @ $1.55.
Regards
Roy Sr.
bbigtim, The problem for WAVX and other penny stocks is
the Market Makers who must support the stock price if
they are listed as MM's for a stock. This is the only
way that NASDAQ has of running a STABLE market for a stock.
But, Things have changed since NASDAQ has allowed ECN's
to offer to Buy or Sell Shares. These ECN's are not required to make a Market. So, what we now have is that anyone with access to On-Line Brokers that trades using ECN's becomes their own Market Maker. This allows anyone with a few coins to control the Bid and Ask of a given stock.
I have seen this played out with WAVX for long time.
I notified the SEC and Nasdaq of the situation with WAVX and they have made some progress(such as not allowing On-Line buys and sells at certain times.
There are still traders that Cap a run and control the Close. When our price and volume increase they will be put out of business.
Kind Regards,
Roy Sr.
UncleverName, Yes and some of our eyes were opened
when I believe it was Bain Capital gave us 120 million
dollars for a about 3 and half million shares.
Shortly we dropped like a rock. Ok the dot com bubble
also happened about that time but money must have been
made on the PP.
This has happened over and over again doing the PP except
where it was forbidden.
What has happened is that this company has been kept alive
on the backs of us LOYAL SHAREHOLDERS and not the sacrifice
of Company Officers.
This is Roy Sr. awaiting the FLACK that will follow.
tampa123. I do not always appreciate your posts, BUT
This post that I am responding to is also my very own
feelings and I could not have said it better.
If this does not FLY by the end of this year, I am closing
my Eyes and Ears to the Pumpers on this Board of which I once
was.
The same stuff ever quarter gets hard to swollow after
10 years. They could of done better going door to door.
Kind Regards,
Roy Sr.
Snackman, I believe one of the things that bothers
most of us is the encouragement that is generated from the
Share Holders Annual Meetings. SKS and others convince
the Waveoids that "soon and very soon" we will reach the
Promised Land. This has been going on for 10 years that
I know of and you would like to believe that it will happen,
but it never has. All we do is shift the Goal Line up
a couple quarters after we realize the euphoria created
from the Share Holders didn't happen. I don't blame
anyone but myself because I should have known better
years ago.
Hope it happens, but like you I wait and wait.
Kind Regards,
Roy Sr.
drnick, Dory is correct.
ADF = Alternate Display Facility, you have to be a
MM or ECN to be a member. This allows them access
to the best Quotes.
I am not familiar with what is going on with WAVX and
ADF.
Regards,
Roy Sr.
SlateColt. ATOMIC BOB'S Wavx Board. eom
Weby, In Protest,
I will never read the AB WAVX board again.
Let them talk to each other. there is never any
DD or anything possitive from anyone except some
of this board supporters. I have had enough of
the negative name calling and if we are going to
read what they say, we might as well allow them on
this board.
Regards,
Roy Sr.
Like most of you except the High Fivers,
I did not like the dilution, BUT
My main concern for the long term is that some
people are buying this company on the CHEAP, because
for whatever reason SKS did not get the JOB DONE.
Regards,
Roy Sr.
VA has 100,000 more records missing,
I was informed that my record was on the missing
disk and they gave me directions to get one year
free credit report.
A credit report is worth approx $13.00 dollars per
month. 13 X 12 = $156. $156 X 100,000 = $15,600,000.
A couple hundred dollars for an FDE drive would seem to everyone
except the Government as a steal.
Regards,
Roy Sr.
Doma, I guess my math must be wrong because,
I compute that 6,000,000 before reverse split shares divided
by 40,000,000 = 15%.
I also compute that 14,000,000 shares after the reverse
split divided by 40,000,000 = 35%.
Please Help, What am I missing?
Roy Sr.
Doma, 2,000,000 shares prior to the reverse split
is NOT the same 2,000,000 shares per year today.
Previous to RS 2,000,000 was equal to 2,000,000.
These same 2,000,000 shares became 666,666.66 shares
after the reverse split(2,000,000 / 3).
Today if they issue 2,000,000 options per year for
7 years then it would be equal to issuing 6,000,000
prior to the RS. This is the same as giving options
totaling 42,000,000 when compared to the number of shares
prior to the RS.
What some of us are saying is that giving away 42,000,000
shares with just 42,000,000 share float is like giving
away our investment.
Roy Sr.
Been away last couple days.
Read the board last night and was very disappointed in
what was posted. I would think that most of us are here
because we do not like the Fear, Fear, Fear that is always
posted on the AB WAVX Board.
Some of you have chosen to use FEAR to try to change some
minds and I find that very troubling.
Why not just let everone do what they can live with?
Best Regards,
Roy Sr.
Internet. Color me NO also. eom
Not to mention names but,
I will be very pleased when some people use up their 18
FREE post today. After all how many times can you say
the same thing for effect?
Regards,
Roy Sr.
What a SNOW JOB that SKS, BOD and Collins are
giving us for reasons.
First let me make a positive statement before I really
say what is on my mind.
I believe in paying employees what they
are worth. I believe that Options are a
good way to show the company's appreciation.
Less than a year ago we were asked to approve a 3 to 1
reverse split, which most all of you did. Someone with
75,000 shares then had 25,000 shares but we were allowed
to stay on NASDAQ which so far has not effected the stock
price all that much. In fact, I remember when we were kicked
off NASDAQ and eventually the Share Price rose into the $20.00's before we got back on NASDAQ. Even though the
value is about the same, I would still rather have 75,000
shares instead of 25,000.
Our current options when issued were 1/3 of what they were
when issued in 1998. Say 6,000,000 is now 2,000,000.
167,000 allowed to each officer then would only be less
than 56,000 now. so, with that fact, I say that 167,000
shares would still be adequate. With that same math the
current request for 500,000 shares in reality is 1,500,000
shares pre reverse split. 22,000,000 shares would be 66,000,000 shares pre 2006.
I have not forgotten that we took a 1 for 3 hit, but evidently
the BOD and SKS have.
I have FAITH in what we have developed to market as of now. I
have elected to not knock SKS, the BOD or any employee although
I have not been pleased with flawed promises.
In order to see the company meet its employee requirements, I
would be OK with an additional 6,000,000 Options(18,000,000 pre
reverse split). I would also be OK with 167,000 per officer
per year(approx 500,000 pre reverse split).
If WAVX cared anything about us stockholders the request would
have been along these lines. But the number of Options now
proposed gives management too great of a opportunity to cash
in at our expense.
Don't forget the last time the stock price went to $5.00
Options were cashed in. Oh, I know the money paid for the
options went back into the company, but I also know the
difference went into their pockets.
LET US STOCKHOLDERS SHARE IN ANY PROFITS BEFORE YOU TAKE IT
FOR OTHER THINGS.
Some of you will vote yes no matter it they wanted more, but
as for me, I will wait to approve what I think is more than
is needed.
I remain a Wavoid, but more vocal.
Roy Sr.
EXCUSE ME,, But do we not have the best talent
available that has gotten us to this POINT?
What is left to do that will let us, that have supported
this company for over 10 years get a little reward for our
patience? Just sell some stuff!!
If we can not sell some stuff that will make us all happy, I
do not see giving our company away is going to help no matter
the caliber of TALENT that is out there.
I think that SKS and the BOD has put the CART before the HORSE.
We need to make some money(remember Option's are money sooner or later) before we go off on any kind of spending spree.
We have SKS and Lark and in my opinion they need to make us
some money and then they can plan for the future because
without at least a break even income, nothing else matters.
To those that will tell me to SELL and get out, let me tell you
to mind your own business and I will mind mine.
Getting tired of waiting for me, you and all the people that
I urged to buy in the past,
I remain,
Roy Sr.
awk, It is about time that we stop blindly
following the dictates of SKS and the BOD without
the information to support their decisions.
Even if the options increase is necessary, the numbers
for the total issued and the amount issued to each
employee borders on INCOHERENCE.
They have been reluctant to support this stock like
WAVOIDS with their own money.
Thanks,
Roy Sr.
oknpv. Prety much the same for ECN's
BUT
EDGX a MM has been right there with the ECN's the
past few days.
I think somebody knows something.
Best Regards
Roy Sr.
Elan Vital. Sure they can.
There is a System called "SOES"(small order execution system)
that was implemented in NASDAQ that all Bids and Ask go into
a database that allows everyone the opportunity for their order to be filled on a first come, first served basis.
BUT
The ECN or the MM only has to fill the number of shares they
have advertised. This is a gimmick that is used to disguise
the true number of shares that they might have to offer.
By doing this they can be selective in quantity they allow to
be purchased or sold. If you want to buy 1,000 shares and
the ECN or Market Maker only has posted 100 for sale then
your broker only posts 100 purchased and 900 left. The ECN
or MM has to repost the 100 and your broker has to send the
900 back and again 100 is filled and 800 is left. All this
takes time and your limit order may not be filled because
the ASK may be bumped up .01 cent.
They can also show 100 and fill 25,000 shares if they wish.
The BID is what an ECN or MM wants to buy your shares for,
and if they are only showing 100 shares then it drops down to the next lower Bidder, thereby letting the ECN or MM on the ASK to lower their price.
This is how it can be done and I have watched WAVX about 10 years and I have questioned the activity numerous times even to the SEC and NASDAQ.
nicknamen. Buying above Ask.
Nick, sometimes this is a tactic used by traders that want
to buy a stock in a fast moving market.
Some Day Trading software allows the Trader to select the
ECN or the MM they want to buy from to ensure they pick
up the stock.
I was not watching at that time, but that would be my guess.
Best Regards,
Roy Sr.
oknpv.
Yes, huge volume and positive PR's will bring NASDAQ
down on them if they cap and try to bring down.
They are not dumb, they take it down a little at a time
to avoid suspicion. Shorts and those that want in on the
cheap are suspect. You noticed how Investment and other
firms have been accumulating in the last few weeks.
Best Regards,
Roy Sr.
Mighunter. I do not think that the street
had anything to do with WAVX Stock Price.
The Major Majority of the stock activity is being accomplished thru ECN'. Traders and others wanting to control the stock price will use the ECN's because there
is little chance of being monitored or the cost is cheaper than going through a NASDAQ approved Market Maker.
A Market Marker is supposed to support the stock on the
BID or the ASK when there are no buyers or sellers to keep
the stock afloat.
In my observations the ECN's control the Bid and the ASK usually .01 cent difference. While the ECN's are on the
inside of the ASK they are usually .13 to .15 cents lower
than the next Market Maker.
example-- If I have a stock account that I can use NSDQ to
Buy Stock and another stock account that I can use arca to
Sell Stock then I can take the BID and ASK up and Down as
I please.
My point is the the Market Makers have become no real players as far as WAVX is concerned, even your Broker may use a MM
for your trades sometimes but if you pay attention to Level II you will see the ECN's are the players.
Kind Regards,
Roy Sr.
The above is my opinion only.
In ST. Petersburg Times.
As I winter at my home in St. Pete, Fl, I take the
morning paper. This morning in the Business Section of
the Times was the same article that was in the NYT's by
DH.
I hope it is picked up by more Newspapers. Any news gets
Wave's name out to the public.
Regards,
Roy Sr.
oknpv. The answer is SOES. (Small order Execution System).
A few years back when the market turned sour, many
small investors could not get out of their position
because the MM's were favoring the Large Clients.
A system was devised that all Orders Buy or sell were
entered into a Data Base and the Orders were filled in
the order they were entered. The MM's only had to fill
the Orders according to the amount they advertised as
a BID or ASK.
The Market Makers and the ECN's hide the true number of shares
they have for sale or the number of shares they want to Buy.
Also, MM's take this opportunity to foil Day Traders(like
only filling 100 out of a 1,000 share order. Lately we
have seen the investors that are controlling the ECN's
like arca and NSDQ use this to control the ASK when they
are trying to CAP WAVX. Eventually they will fill the order
but it slows the process at 100 share trades.
Hope this Helps.
Best Regards,
Roy Sr.
oknpv, Market Makers are not involved,
Most All the activity is comming from ECN's like
arca and NSDQ. ECN's do not make a Market.
Ecn's are mostly used by individuals through their On-Line
Broker to buy and sell stock. If you use Ameritrade you
would most likely go through NSDQ(used to be BRUT) or arca.
Someone through arca and NSDQ are either capping the ASK
or are unloading a bunch of shares. They did the same thing Friday at $2.40.
These are not people shorting on the ASK.
Kind Regards,
Roy Sr.
Ramsey2. Bruce Knows.
He was on a WAVX Board several years ago asking
a lot of questions. If I remember correctly, he
was negative at the time.
Regards,
Roy Sr.
oknpv. Yes I think you have stated it correctly. eom
TO ALL,
I have been concerned for a long time that our stock WAVX
was being manipulated by some persons using various ECN's.
What is happening now is that the authorities have asked
that brokerage houses that use certain ECN's to verify that
trades made are from people who are the account owners.
While this is not convenient to those of us that wish to
BUY WAVX On-Line, it is to our benefit long term.
In my opinion, this will stop when the violators are aware
that they can not manipulate this stock any longer.
I know that some of you do not believe this stock has been
manipulated, but I still believe it has been in the past.
I have traded E-Mails to TDAmeritrade the last several days
and they have assured me that they do not short stocks. They
have also said that if anything ever happened to them financially, that they are fully insured so that their clients
would not lose their investments.
I would advise everyone to just wait a few days to see where
this plays out.
Regards,
Roy Sr.
JKIRK57. Yes, I tried
several times to buy on the pullback @
$3.23, $3.15 and $3.10 and the orders not accepted.
Regards,
Roy Sr.
drnick. Was not watching level II
this afternoon, but you will not see your offer
on Level II if the MM or ECN that you put your limit
offer through had a Bid or ASK higher than the one
that you entered. It would still be in his queue but
not on level II since a MM or ECN only show one offer
on Level II.
Regards,
Roy Sr.
Brewmaster16. YES. eom
Architec. Unless you had an "all or nothing"
in the 1000 shares you wanted to buy at the ASK
then if there were any ECN'S or MM's that advertised
that price then you should have been filled. If a
price is offered on the ASK and you want to BUY, then
in no way sould you not have been filled. I would
contact the House that you made the offer through and
demand they honor your request.
The only way beside the ALL or NOTHING trade that would
have kept you from being filled would have been only 100
shares on the ASK and then you should have gotten the 100.
A few years ago NASDAQ made a rule that all orders go through
a system named SOES(small order execution system) that
makes sure that everyones order is filled in the sequence
that it was entered. The MM's have no control over it, it
is automatic.
That is why most MM's only put up an offer of 100 shares, so
they do not have to fill your order unless that want to.
Best Regards,
Roy Sr.