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Snackman, our community just got a little bigger. We are now on the map and rated one of the top communities to live in (at least for the next 24 hours)!
New friends is a good thing!
I, for one, welcome market savvy guys and gals like zeev. We still have a crashing bond market, spike in mortgage rates with a real estate bubble at risk and other macro-economics to contend with.
While past performance is no guarantee of future results, I remember we previously hit $5 backed off to the $2s then shot to $14 and came off to $7...all before the bubble.
If you can keep your head while all those around you are losings theirs...
For those with an ear to hear, let them hear.
2BS, we traded so many shares the past two days that tight hands are not in the equation at present. As we get above $5 and institutions step up to the plate then we may tighten up on the trading float but we effectively have 75M floating once the smoke clears. And, maybe more as all options and warrants are excercised.
We have been discivered and that means the demand side of the equation is catching up to the dilution that increased the supply.
LD: Precisely/e
We THINK, having followed this puppy for more years than we care to number, that we have a technology that can go ubiquitous.
We wandered in the wilderness waiting for validation, burrowing into too many dead ends than we care to remember.
We KNOW INTEL is paying little cashless us to put our stuff on THEIR motherboards.
The MARKET said, in dollars counting in the millions, that something changed in the security world on Thursday.
Based on our knowledge, we think, we are the chosen one.
If so, like dominoes, the players who wouldn't dance with us will be stumbling over themselves to present us with their gold, incense, and myrrh.
As a technician, I expect price follows volume. The street KNOWS there is more to follow.
The juice is still intoxicating.
Less tolerance after three years off the stuff. Best to keep a clear head as opportunity comes in many guises.
For those who have an ear to hear...
A split to accomodate aberrant volume?/e
JesseL is here, has gone through posting draughts, but has not been without his shares since buying back in way too soon..
Jesse has not been happy with the top 2 since the founders shares days
BUT
Jesse is quite happy to be in.
In fact, Jesse is sorry he didn't sell some gold and buy more inthe 0.80s...
RE: Margin
safest to use it in a smooth uptrending situation, both general market and particular play...
not for high beta spike ups and downs...
you don't have to margin to the max...
stops help but it is a tool that is not for amateurs...
high risk-high reward
snackman's advice is sound..
micro, you are too kind. I have been around the block a few times but if I was a "pro" I'd be retired, well, maybe not, I like my job, but, you know...
Now, gerry+miles, there's a pro (trouble is the games).
micro, if we don't test $5 on Monday I will be disappointed/e
snack, I defer to the gifted technology analysts here that know the business model on that point.
All I know is that the tape tells the tale.
And, while I am truly amazed that this "news" hardly budged the tape prerelease, there were hints (Strategic Partners IN = SPIN was my guess) a while back.
While I do not like the general market, if it holds up here, and we do get another gorilla...
MEGA NEWS COMPLEX (mu ha ha ha hahahahahahhaha)
The FATMAN (Finally All The Mega Appreciation News)
the wait will have been worth it as he who laughs last laughs loudest...
or so I am told.
Observation: The news caught even the staunchest 'oids by surprise. There was a slight volume rise but no price gain prior.
However, those island types who would benefit from selling to keep the price down were flushed by this news.
Also, the wave submerged the long term entrenched shorts who were hoping to defer tax day forever.
The tsunami's real power even amazed the faithful who counted on such news as the volume reached heights undreamt of even in the snackman's wildest dreams.
This can only be because big money was waiting for the okay to buy the news and when it became "legal" to buy, buy they did in gigashares.
And, it was interesting that the original release did not tell the whole tale, allowing buying through the 1-2 range. Only, aftrer the close did we get the information about royalties from Intel in the fall with the delicious comments from WAVX and INTC that propelled it to $5.
One must logically conclude that before the momos and daytraders jumped in it was the smart money buying huge positions.
It does remind me of MCI Communications trading right after they won the ATT long distance suit in the late 70s.
Again, MCIC went from $5 to $12 then over two years hit $120 before a 4-1 split.
Awesome has a real shot at longeveity and SKS's reputation as prognostically challenged is apparently in the midst of a key reversal.
omega, just don't call me a metrosexual man!/e
Nice post 24601/e
bodes well for Monday/e
Much better, 2B. For while SKS splashed in the ISHOPHERE wading pool with Hubbard, Lark was swimming with the big boys.
kita, exactly my point. You go girl/e
2B, they kept Lark focused?/e
Soros, I believe that is why the volume was incredulous.
Intel makes the company.
Intel closes the other deals in the wings. IBM, HP, you know, all those deals we couldn't close or that atrophied on the vine.
I still agree with spin that our hero took it to the brink and the sprague family shennanigans cost us money, deals, and time.
I suppose where one stands on the "ends justifying the means" debate influences one's opinion on the management question.
I also think Lark Allen deserves more credit than he is given for quietly getting the job done.
Lark is the man!
BONUS LARK ALLEN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Congrats to the Snackster! And, with KRY up big it makes for my best day in the markets since 1Q 2000...
Jesse signing in. Just made it out of the Big Apple before the shooting. Good to be back in the Carolinas...
The NY Times ran a piece on the need for micropayments and some solutions...
No mention of Wave Systems...
Bring back the meter?