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And all Dad PS did is run National Semi and a host of others.
If we could now get a similar article also mentioning Wave, now that would be something. for years I always equate the success of TPMs with Wave, but a heartbreak could be if we are not attached.
Expat, exactly. No one knows "Wave" exists. Management, are you listening? We are trying to help. I have lot's of money, way too much money invested in your company. This is not meant to be an attack but helpful discussion. We want success. Some of us have run companies and marketing campaigns.
Dig, excellent post. Well thought out and expressed.
To Wave Management: Support your stock and your investors like every other CEO and management team does for their shareholders. Even if we get the big deal, even if we prevail, the way you are handling the situation makes your supporters lose faith. That lowers the share price as investors flee. There are many ramifications to having our price this low again including credibility with the street, remaining on the Russell index and ability to raise capital if needed. Twelve years, rarely a complaint, but your lack of caring about the shareholders of your company is amazing. The silence is incredible. Is there really nothing that you can legally disclose that would give us some direction. Is there not something that could be said about the big miss about earnings.
One definition of insanity is doing the same thing over and over and expecting different results. There are enough people at wave that they should be able to utilize different marketing techniques. If your sales effort has not been as successful as it could have been you need to make changes at the highest levels in the sales department. It may mean dividing up the market into large (their current effort), medium (headed by a different person) and small. You need diversification of the sales effort. The current effort may be going according to plan for the eventual adoption by the big boys but there are too many companies that have never heard of Wave. I spoke to someone high up at Sony. Wave who? You need new creative ideas at the top. Sales and marketing can go flat and stale if there is no new blood and energy. It does not matter how good the current people are. New ideas, new energy. Things like big ads in the relevant magazines, billboards in major cities, whatever. A hot air ballon over the capital. TRY SOMETHING NEW !!!!
That is one of the most amazing, scary, and disgusting investment insights that I have ever read. It also seems to be very likely a source of what we have been seeing.
Sign posts to watch that would trigger a mini celebration that we have "made it". Institutional ownership over 20%. The first swell was caused by the Russel. Now it would be purely economical. Second would be a second or third analyst. That is what brings respectability. Third is a share price rising to $7.00. If all of these are met by June maybe a mini celebration would be in order in New York at the annual shareholder meeting.. Is there enough time to get institutional updates twice before that time? It would be my first shareholder meeting but a nice dinner and drinks would be a nice addition to the meeting. Flying from LA to New York just for the meeting alone has always seemed a bit unwarranted.
As I bought shares this morning I reflected on why I was still buying even though I own way more shares than can be rationally explained. With all the positives and dots it came down to the amount of money invested by companies and risks taken to get to this place in time. I am not talking about just Waves investment. That is actually a very small amount.
Our entire online economy and our national safety will depend on the trustworthiness of our identities. Whether someone can impersonate you for economic or military benefit is the question. Time is running out. Identity theft is rampant. Stuxnet has made it clear that there is a national emergency situation at hand. All the politics doesn't change the fact that money and security are threatened. Time has run out. The ONLY company that is in a position NOW, to provide that identity assurance over almost all platforms is Wave.
Large companies have made purchases. State government has moved forward and made purchases. How much behind the scenes work has gone on to allow Wave access to the innermost circles in biz and Government. Years. It cannot be duplicated in a short period of time. Even if someone else comes up with the technology they still need the connections. They need to know secret code. They need a lot of money and they need to reverse all the years of head start that entities have already spent on finding a solution. Share price in the short term, up a buck, down a buck, only matters to traders. And when people joke that I was in ten years too early I respond that if I had only gotten in a year or two ago, I NEVER could have accumulated the amount of shares that I have. The story has already been written, it is just now being slowly unfolded.
Anyone. I must have missed it. How did this pipe talk start? Did Wave mention anything or is this all idle speculation based on nothing? I picked up more shares today but I am wondering if I missed something.
Just a thought on action today. July 7.50's were bought. Could that have offset large short action. The selling pressure would have dropped us and the options would cover their rear ends if they were grossly wrong. I am not an options player so might be way off.
An end of day rally to down .04 or so would be a nice New Years day start. Happy New Year to all.
We should not want giant SP spikes. We are in a once in a lifetime type of opportunity. My stock broker just bought shares after telling me that having 99% of my portfolio in one stock was risky. Imagine that. Here we sit at the beginning of something that may, I said may, be another of the historic fairy tale stocks that rise to incredible loft. If it happens or not is yet to be seen. I hate these sudden spikes up then down as they are caused by traders. As I am not a trader I just want news, rapidly increasing profits and the inevitable rise in share price. All the charts and day to day speculation are meaningless. Let's sit back and enjoy. The trend is our friend.
I would think most people in the IT dept at the auto maker had knowledge. It is naive to think that none of them would tell a friend.
I just realized that "the Street" does get it. When you think of the type and quantity of entities and types of organizations that we are dealing with, it is mind boggling. Now that it is materializing the share price is rising. It is growing at a natural pace, rising with our success, not due to some traders manipulating and artificially causing spikes. Groups such as the one Boston Hospital put together, the government, huge accounting/advisors (PwC), DOD and related government entities, vendors dealing with those same entities, any company that must be able to prove that their data was not compromised are just the tip of the iceberg. Government regulations and legal liability are turning into huge drivers of encrypted hard drives. It is all coming together and we are now being "seen". Quit looking for the announcement. Quit telling each other not to sell, hold onto shares, etc. It is all nonsense and will not effect our price a penny. We are now a legitimate company, maybe the premier company in a very hot space. The games will die down with every passing day, and each new revelation of income, clients and growth. It only matters if you are a trader. If not, forget about it. Enjoy the upcoming rise of our SP, month after month, year after year. We may have been early but we have the best seats at the show.
Barge, welcome back. You are in many ways like the starship Enterprise, going where no man has gone before. Your opinions are always provacative, entertaining and once in a while right. I missed your posts.
The definition of "significant news" becomes important at this point. We issue PR announcments when they are significant. Was a million dollar contract significant two years ago? Absolutely. Is a million dollar contract worthy of a PR this year? Maybe. Next year? Hopefully not. Just because we have not read about it does not mean the news we were waiting for did not happen. I would argue it has happened. Five new 800k contracts hopefully would not get a mention. We will read about it in the quarterly report. It shows substance and gets rid of the rinky dink feeling when we do not feel the need to announce each and every deal.
Monday's High Volume Gainers With Bullish Options Sentiment. Number one on the list.
http://seekingalpha.com/article/242869-monday-s-high-volume-gainers-with-bullish-options-sentiment?source=yahoo
That's why this board has done it's main function, guiding us through the early times, when knowledge was low, expectations high, and hype rampant. It disseminated knowledge that kept us all here and on a personal note for many of us, made us a lot of money. (projecting out just a little). Their will come a time soon when analysts and pros will take over the reigns of making sure the market gives a fair evaluation to the share price. Our board will still guide, celebrate and deliberate but will not have to evangelize. But for the past ten years and the present, to all the regular contributers, I thank you all.
As we change from penny stock to established growth stock, the type of new money coming in will be measured in hundred thousand dollar purchases. Professionals will not have the same emotional feelings that we have. It will be, 400% growth, good patent protection, experienced mgmt, expanding client base, growing industry, super high profit margins (the highest in their industry)......why is the share price only $16. Doesn't make sense.
Closing up for the day would not surprise me.eom
There are many ways to know a company is doing business without being an insider or having inside info. They are definately closing business. This is not us pushing up the price.
At some point one and two million dollar accounts will not be considered material and do not merit announcements. Even if the anticipated accounts closed it does not mean we get news. With the action we are seeing in the share price by large buyers I would have to guess that some of that business has been signed. Each time that happens, someone knows, whether officers, employees or professional watching the space. One thing is sure, we are no longer alone in our belief that WAVE will be a success.
Not real wavoids.eom
Also, 17% of the shares are now held by institutions and mutual funds, and at last estimate I believe 30 to 40 million shares were determined to be held by people known to this board. Please correct me if I am wrong here. That leaves a much smaller available pool to obtain shares from. Long term our improving fundamentals are much more important than a short term short squeeze. That would just be short term gratification.
A real short squeeze is when the pressure upward builds daily, kinda like now. Then an announcement comes out naming a large new deal. In a flash people realize the stock will not be dropping and they know everyone has the same flash at the same time. The SP starts to spike. Who will be left holding the bag. Sounds like a fun game. Suddenly two dollars higher, in a couple of days, and your hard earned trading money is gone. No upward limit on share price. You realize your mistake too late. Wow, pressure.
Watch the volume. sudden increase with SP to match. Nice.
What is truly staggering is that the pubic and street are ninety nine percent unaware yet of Wave and how they fit in. 2011 should change all that. 17% of the stock is already owned by mutual funds and institutions. When a tiny sliver of the street "understands", and wants shares, there will truly be something magnificent.
With high volume the manipulators can only maintain so long. Eventually MMs, shorts, speculators of a take over, and smart investors like most of us will keep the price rising to reflect it's real potential. That potential is only becoming evident to others outside this board recently. The security space is now being examined by analysts everywhere trying to locate the hidden jewel. We might turn out to be the crown jewels.
TKC, I agree that the numbers are loose. They did come from somewhere though and the trend is our friend as represented by the analyst. Is it dependable? Probably to the same extent as other predictions. I just think that when he was given guidance the repurcussions of him being wrong would be a future lack of credibility. I am sure he would take that seriously. So, this loose trend only indicates that he believes in a bright future for WAVX even in the depth of our current economic woes, nothing more. Still, they should not be ignored.
425% earnings growth is correct. I can live with that. Once a steady growth curve is established and if we can maintain it then after all these years watching the stock slowly and continually growing from year to year will become a pleasure instead of a torture. What a wonderful feeling it would be in a couple of years when I feel the pressure knot while deciding if I should start to sell a few shares at fifteen? twenty two? .....you get the idea. I am sure many of us here share that sentiment.
If you go to yahoo finance enter WAVX and go to analysts estimates on the left you will see his projections.
Insteresting that our analyst calls for increasing revenue growth next quarter (130%)and then 100% quarter over quarter growth for the entire next year. I am sure he must be basing his research on something concrete and knows more than I do. Something to look forward to. Let's all hope we hit our numbers this quarter. If we do his projections will carry more weight and maybe people will start to get it.
This is our analyst's bio. MDB is filled with quality high level people. I hope we hit his numbers this report, surprise us all, and do not let him down.
Jon R. Hickman, Equity Analyst - CleanTech, Internet & Healthcare
Jon Hickman joined MDB Capital in 2005 to cover emerging growth companies in the technology, media, and health care sectors. Mr. Hickman has over 29 years of investment experience as both a sell-side and buy-side analyst and senior portfolio manager of small cap growth equities. At MDB, Mr. Hickman has consistently earned Bloomberg’s #1 BARR ranking on the majority of his research universe and is regularly called upon by the financial media to discuss his coverage in cleantech, digital media, internet and medical device sectors. Prior to MDB, he was an Equity Analyst at Security Research Associates and Halpern Capital covering technology and life science companies. Mr. Hickman began his career in 1980 working with Bank of America’s Trust Department in San Francisco analyzing private companies. He then spent 16 years managing institutional growth oriented money at Wells Fargo Bank’s Wells Capital Management and later at Jurika & Voyles, where he was the Head of the Aggressive Growth Investment Team. Mr. Hickman has a B.A. in Chemistry and MBA in Finance from Brigham Young University.
Agreed. Give up short term profitability and use profits to take advantage of opportunity. Revenue growth on the other hand must continue. Also, I am not sure that just because we have not announced new contracts we did not get them. At some point it will be ridiculous to announce every large contract. Only if they are huge would they be a change worth noting. A positive surprise in revenue, even a small amount over, for the first time would be my ultimate dream.
If we keep up the growth, we will attract more analysts. That attracts more real money. I believe we will see a positive close today and tomorrow leading up to Monday. If we miss earnings badly and let down our sole analyst the slog will continue, otherwise the good times have already started.
Weby, you and I were just early. WAVE now is one of the fastest growing companies in the country. Investors that got on board two years ago are in an existing, fast growing company that will explode if revenue continues at the current pace for a few more quarters. From thirty cents to two fifty, wow. Unfortunately, in our great "vision", we all bought in ten years ago. Wow, weren't we smart. Now the truth is that if we were not prejudiced by our previous years of watching the grass grow, what we see would look totally different. Our perennial shorts feel the same.
Looks like our work with Cisco may be bearing fruit. eom
No real follow through yet so maybe just a spike on someone taking a position.
Something going on. Watch the volume. Great action if it follows through.