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Looks like the "chasm arrow" is moving rapidly into the camp of "the pragmatists."
This may be a bit esoteric, but what might be the best way for shareholders to encourage, perhaps even force, a short squeeze. Would it be buying more shares at the ask? or buying at the bid?, or simply buying. On the other hand, would setting sell points for small, in the money, batches of shares at values well above the bid-ask range also lead to the same end?
This may well be considered as belonging more in the realm of game theory than Due Dilligence, but buying and selling is ultimately the essence of the market and "the cloud" under which we all participate.
How about July and every month thereafter. LOL
I find everyday most interesting in this story and bet that I am not alone in waking up weekday mornings inspired to find out what's going on next in the WAVX saga.
Here is a summary of the CNN report.
CNN: Shockwave 11PM
2010 Feb 20, CNN presented its simulation, “Cyber Shockwave,” a simulated US war-game response to a severe cyber attack on the country’s mobile telecom system.
V1 = Government panel discussion
NB = Newsbreak
V1) GNN (name of simulated news network) reports a severe cyber security breach via mobile phones. A government panel is quickly called to address the issue. A televised live US government panel calls the attacks a national crises and recommends the following:
a) Identify the issue – the attacks are quickly identified as a BOT (a remote-controlled robot) attack.
b) Identify source and political implications
c) Identify response – economic implications. Potential raised for turning off all mobile phone systems.
V1) Panel calls to define the problem.
NB) Reports come that the mobile phone infections are spreading to PC systems. A potential source is identified as coming from Irkutsk, Russia.
V1) Panel calls for implications on national security and raises the issue of retaliation. Issue named as “March madness”
Panel says there is no legal precedent for legal implications
Panel call to address the potential of public panic. 11:45 pm
Panel calls to confront Russia. Lack of policy presented.
Panel asks about shutting down foreign servers and ramifications.
NB) Perpetrator identified as coming from Sudan.
V1) Panel calls for response possibilities
NB) breaking news says the US eastern power grid has shut down. 2 explosions are reported at power stations.
V1) Panel calls for an analysis of the impact of the power station explosions and an immediate presidential response. 12:15 am
Panel notes that the private sector is already responding and calls for more government analysis as well as extraordinary steps: e.g. federalize the national guard, establish a command center, call for int’l. help, nationalize some 3000 US power companies.
V1) Summary: Identify a fix and format a response to the US public. 12:25
V1) Identify mechanism for response: e.g. solutions, such as security software, SW patches, security checks, ISP security. Questions followed on political ramifications. 12:35
V1) Proposed Government Response: 12:45
1) Create a cyber command
2) Present a voice to the public
V1) Panel identifies the issue as ongoing and geographically amorphous.
Panel says the government needs to get the public to participate.
Post discussion: Summary of all the above.
Looks to me like WAVX is on top of all this in a big way.
Feel free to contribute analysis.
Cramer might like the story, but he would not taught a $3 stock.
It will be interesting to hear how more longs respond to this.
I agree, and also believe that a good part of the current support is from long WAVX holders encouraging family and friends to participate in this blossoming story.
The broader the base, the stronger the support level. This rather skews a technical analysis approach to evaluating WAVX stock price movement. Long holders will continue to support and encourage more long holders. This also creates a strong underlying propellant to higher prices. Unlike a Ponzi scheme, buyers here are supported by very strong underlying fundamentals. I can account for at least half a dozen additional firm holders. I wonder if this number is low, medium, or high as compared to other long term supporters. Now that would be an interesting poll.
My finances have improved to where I can now afford $6 wine.
Today Trader Joe's presented a 2008 Sauvignon Blanc by Sonoma Vineyards. Very nice and good competition to higher priced New Zealand brands.
If you really want to know you should go back and read the last 18,000 posts. A quick summary by Snackman, should he even honor your request, would hardly cover the story.
Perhaps some other posters will be kind enough to summarize and share their last 10 year's DD for you. In return you might let us know know what you have been up to for the last 10 years.
As to what is going on with WAVX now... in short it looks as if the company is building on many fundamentals as well as a universal demand for hardware based computer security.
You might want to consider reboarding.
I am not too worried about it. I suspect that only governments would consider spending the necessary money and effort to break into any given TPM, and even then only under very extraordinary circumstances. Also to crack the TPM it needs to be in the hands of the cracker. One reason to get and use an encrypted system is to protect your data from hackers as you use it. The theft of an important laptop in a government or corporate environment, if reported quickly, should allow the organization to exclude that unit from its system.
The counterfeiting of TPMs for production, however, could be a major concern.
I learned this Monday that HP provides most of the computing systems for the US Navy. This was said by a high level HP director at a meeting with a foreign delegation seeking projects with HP.
The recent WAVX price decline has gone hand in hand with a decline in volume. This is both natural and typical following the last run up. As good news comes in and the earnings date approaches, this will rapidly reverse. The mantra here is to buy now and sell later.
Thank you for that. I have signed up and will be attending the event.
Dell's CC for 4th Q results is scheduled for:
2/18/10
This is about 3 weeks ahead of Wave's scheduled report, and might be very informative.
See:
http://phx.corporate-ir.net/phoenix.zhtml?c=101133&p=irol-calendar
I have been tracking the volume since mid August. The average daily volume for the last 176 days is now at 218,558. I believe that volume much above this average is a good indicator of new money and underlying strength in the stock.
Anybody interested in getting this group onto twitter?
This would be like getting a 10-year-old to talk to a one-year-old. But in this day and age such a conversation could well propel both the youngsters into post-graduate school next quarter!!
You might want to consider carrying a roll of toilet paper in your fanny pack... LOL
Perhaps some people know something that we do not.
I do not believe that a pump scenario exists here. As far as I can tell all posters on this site, the optimists as well as the pessimists, are long term, and that would be very long term, holders.
Dump as you see fit. I continue to accumulate.
Nice. Thank you very much. Hope the rise continues on the US markets on Tuesday.
Can you translate that to US cents?
SS & Co. and WAVX shareholders are not interested in selling the company at $10/share or any amount near that. The WAVX story is just now becoming visible to the public with obvious potential to be soon valued way beyond the current share price.
Well said. But I still suggest that you make some notes, just in case you fail your "Reality TV" audition.
I think long term WAVX shareholders should consider collecting their personal stories into an essay based on their personal WAVX adventures. This could then be collected and edited by a "significant writer" (e.g. Weby) and turned into a book of remarkable interest.
I would certainly contribute and buy a copy.
Remember to collect appropriate pics.
Can SS copyright film rights?
I thought that I heard positive EBITDAS:
EBITDAS is the sum of Net Income, Interest Expense,
Amortization of Loan and Senior Notes Fees, Interest Income, Income Tax Expense, Depreciation and Amortization Expense, and Share-based Compensation Expense.
EBITDA is the sum of Net Income, Interest Expense,
Amortization of Loan and Senior Notes Fees, Interest Income, Income Tax Expense, and
Depreciation and Amortization Expense.
MLK = Martin Luther King
I have been tracking daily volume since 5/11/2009, when the SP was about .72.
The current daily volume average since this date is about 197,384.
Thus the current ratio of short interest to average daily volume, based on this data, is only about 10 to 1.
This leads me to conclude that current shorting in WAVX shares is not significant and will not result in a big short squeeze should a big run develop.
The best force in driving share value up at this point in time is for current holders to continue holding.
That said, like many others, I am forced to sell small segments to pay ongoing bills. The pain here is much less than when forced sales last Spring were made in the 50 cent range.
As WAVX SP rises I for one sell much less. I suspect many others are in the same boat. This bodes well.
Very funny... LOL
Good target to aim for.
Unquestionably questionable because we do not yet know HRCT's true value.
Some of us guess that the potential is very large. Others that it is all over but the shout. Time will tell.
I am on the side of major potential.
Clever rebuff!
Now it would be interesting to know why an individual with a $52k new car would continue to follow a penny stock of unquestionably questionable value.
I like the direction that HRCT has taken.
Since 1994 the company has been sort of gestating, trying to find its way to enter the world as a significant entity.
In the animal world, the longer that a creature gestates, the larger it will be at birth. This marks the potential of its ultimate size.
This is how I see HRCT. Based on its gestation HRCT's potential is huge. I have thus renewed my accumulation of shares. Recent volume seems to re-enforce this position, despite local hubbub. I may be wrong, but the reward to risk ratio here is very favorable.
A lot of WAVX shareholders hold core shares and trading shares. The market value of WAVX shares will clearly fluctuate as do all stocks, but the trend is obviously up. The best strategy (IMHO) at this point is to accumulate WAVX shares as much as possible and designate a small portion for selling on strength and buying on weakness. This contributes overall to supporting share value as well as rewarding yourself. Obviously, if you hold 100,000 shares in WAVX, each penny rise in share value is good for $1000. It is easy to sell "trading shares" on good news and to buy them back days later on weakness.
Such is the market.
Thank you for sending that. Well said and well deserved.
1663 Apr 10, Samuel Pepys, London-based diarist, noted that he had enjoyed a French wine called Ho Bryan at the Royal Oak Tavern. This same year the Pontacs, a top wine-making family in Bordeaux, founded a fashionable London restaurant called Pontack’s Head. Ho Bryan later came to be called Chateau Haut Brion.
(Econ, 12/19/09, p.131)
1839 Cyrus Redding, wine merchant and author, published “Every Man His Own Butler.” This included the statement: “claret fro a bishop, port for a rector, currant for a curate and gin for the clerk.”
(Econ, 12/19/09, p.132)
Looks like a good bottom.
Will the turn around begin soon?
2009 Dec 30, It was reported that Karsten Nohl (28), a German security expert, and group of researchers posted a how-to guide for cracking the encryption that keeps the phone calls of millions of people secret. GSM encoding keeps most of the world's mobile phones safe from prying ears.
(AP, 12/30/09)
http://news.yahoo.com/s/ap/20091230/ap_on_hi_te/eu_germany_phone_code
Prof. Schmidt was mentioned on this evening's 60 minutes as part of an extensive report on cyber security. The focus was on international cyber espionage. Media appears only a half-step away from discovering hardware-based security.
I would suspect that the short position in WAVX relative to capitalization is rather small. I would also suspect that that the absolute number of short players is small.
Unless we know the number of short players and/or their average short positions, it is impossible to make any predictions on their short term behavior and therefore the consequent effect on daily share value. I would be very much surprised if any hedge fund has a major short position in WAVX based on fundamentals developing over the last year.
WAVX remains small and speculative, but the weight of the evidence continues to push the share price up. And this push up has been in effect since late February 2008.
This quarter still looks to be WAVX's first profitable quarter, as well as the beginning of a long string of profitable quarters.
2009 Dec 1, President Barack Obama shared his new US strategy for Afghanistan with President Hamid Karzai, spending an hour discussing troops levels, security, political and economic elements of his revised war plan. Obama planned to send 30,000 more troops to be deployed over the next six months, escalating the 8-year-old war. In his prime-time speech to the nation, Obama laid out a rough timeframe, for when the main US military mission will end. Obama proposed an 18-month timeline for starting to bring troops home.
(AP, 12/1/09)(Reuters, 12/2/09)
Not at lot at .20. I began tracking closing price on March 27, 2009, (.54), and volume as of 5/11 (134,928).
After 139 trading days the average volume is now at 180,027. I believe that volumes above this number are a strong indication of new money.
Over my long term involvement in this investment, I have recommended WAVX to many friends and I continue to do so with no qualms. My timeline of WAVX history over the last 10 years easily supports my position. I suspect a lot of other longtime WAVX investors have also "waved" the flag. This would easily explain continued small share accumulation. This type of accumulation forms a very strong price support structure, which should continue into the foreseeable future.