Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Maybe he rounds up to the nearest penny!(smile)
It is not my estimate. I hope MDB Capital's information is more reliable than ours. It is on Yahoo Finance. I have not seen a retraction, correction or update so I hope this is current and that they have not seen a reason to change their estimate. I hope mgmt knows how important it is to keep credibility and hit your numbers.
The next important event for us is to meet our analyst estimate. Meeting our analyst estimate will give them and Wave credibility. If we keep to our schedule and show our growth numbers we will pick up a second and then third analyst. That is how to get noticed by the street. At this point huge events and surprises are beautiful but what is truly important in a legitimate long term growth stock is meeting estimates, being followed by the street, and yes, the occasional fantastic PR. If we burn this analyst it will be very dissapointing. They are calling for 7.65 million this quarter. Beating the estimate for once would be great and make them look good.
Amazing how the huge 100 share trades can move us so easily.
Watch the volume. It is starting to tell us a story today.
Personally i would guess that tomorrow we will see rising volume and price ahead of next week. For most investors like me, we are all in. Now we just wait.
If I ever had to guess when a strategically good time for a major PR to come out, it would be next week. With an investment conference added to the schedule it makes me wonder why would SKS squeeze in yet another conference, this time with investors. Anyone thinking that there is not a lot of strategy and brain power going into the nurturing of this company is wrong. I can't stand people that criticize but yet don't offer a better alternative. I think mgmt has done an incredible job of walking the tightrope between promising too much and not saying enough.
We have been surprised numerous times out of the clear sky. How much behind the scenes activity do you think goes on talking to generals, admirals, govt tech guys, large corporate leaders and IT depts. The thought of this alone and the amount of 24 hr days needed to market, meet and convert the clueless is mind boggling. Until someone can show me how it could have been done better, with less mistakes (because yes, mistakes happen in the real world), I will continue to wait and watch the unfolding of an industry that we helped create. What our part in it will be, who knows. Hopefully we will all have that party that we are sick of talking about.
I think many here don't realize how far ahead of the knowledge curve we are due to the incredible tech savvy posters on this board. The general public still do not have a clue. The September calender of events should help. As the roll of Wave becomes known, and if we are correct in the importance of Wave in the security space is correct the share price will take off by hopefully the end of September. A companies share price is just like a marketing campaign. You may have the best product but if no one knows about it, oh well. The TCG and TPMs are actually becoming known. As people investigate the space and players in the space we should benefit. I, for one, expect close to five dollars by the end of September. That's due to exposure, realization and covering. A mild scramble to get in for various reasons.
As you know, all of this type of garbage will not matter if we continue to grow and as our client base becomes known. It is hard to ignore profitability, growth and leadership for long. And yes, it is strange how we are picked up for this type of reporting. One explanation is if you go on Motley and read the "opinions" of their investors and contributers it sounds as if some of the active ones are also the negative posters on this board. They go by the aggregate of the investors opinions.
I am one of the crazies who would be dissapointed by a twenty dollar buy out. I also don't believe it's in the cards in the short term nor should it be. This year we have seen the beginning of a real business. If we continue to see the type of sales growth that we have seen over the last year, well, just sit back and enjoy the ride. In two years if someone wants to bid on a stock that's at 30 and they want to pay three times it's current sharte price, then I'll be happy.Honestly, for now the buy out talk is old and stale.
A little different. The price drops on very low volume. No one is rushing to get out. It seems we are all comfortable waiting to see things play out. With no panic selling how will the shorts cover? If there is any news what will covering seven million short shares look like? Nice things to ponder on an uneventful day.
WOW! Beautiful.eom
Agreed. I have opened up the piggybank this week and gone out on the limb with the wife, citing manipulation as a reason to add shares. That is conviction.
For the last three days I said tomorrow will be the end of the bear attack. All margin players have been shaken out. Now the scramble will be to cover. If we are not up tomorrow, I am wrong.
I think our CEO has the power to offset a lot of this nonsense. There must be some clients that we have that don't mind being used in an announcement. PCW, auto, etc. Also a statement by the CEO that the sky is not falling, we had a positive qt and that he knows of no reason that the stock should be getting hammered. Even if September is news month, now is when our investors need the help.
I usually donot believe in conspiracy but we have read articles about how hedge funds and market makers work. If they have eight million shares and can manipulate the price down two dollars they made sixteen million dollars. It is not a secret that this is a common occurance and a billion dollars in penalty payments have been made. We are an easy mark as the public does not really know who we are. Overstock.com was driven down 50 points and they are leading the fight against this type of manipulation. So, I hope that I am correct and believe by Monday we will start to see the reversal since all the cows are now empty.
Tomorrow will be our last day of this 3 day effort to keep us under $2.00. All Margin players will have been milked out of their shares. By tomorrow afternoon or Friday at the latest we will start the rise, anticpating the arrival of September, the news month. Remember, I am always right at least 20% of the time. Just my theory.
We seem to have stabalized. I just got filled for 3000 shares but it was filled in pieces, not a solid block. I think we are firming. Ahead of all the September action we will start back up. We need to stay at this level one more day for the hedges and market makers to make sure everyone has been shaken out. You have three days to cover margin. If the stock drops below the two dollar level but then rises the second day you do not need to cover. I had a very small margin call and chose to put in cash vs sell shares. I think a lot of people did. But at the end of biz tomorrow it should be clear that whoever was bailing has bailed.
Google Market Maker manipulation and you will have lots of good explanations of what is happening and why. This is just about 500 institutions that make money by orchestrated moves that control the movement of the stock. They maintain the bid and ask spread to cover their "risk". They have paid a billion dollars in fines and admitted to manipulation. The charges against them read like Al Capone type of crimes. There is nothing wrong with our WAVX.
TD Ameritrade.
Absolutely. Only SKS can offset this by getting the PR moving.September may be ours but it is still a long way off.
Important information. I thought I had told my broker that I did not want my shares available to short. I just bought 2000 shares and while on the phone asked to make sure that none of my shares could not be used for shorting. You guessed it. Somehow they have transformed into shortable shares held in street name. I changed it. Then I called my other brokerage. Same story. I just took alot of shares off the market. My only question is that if they can naked shorts and do not need my shares have I accomplished anything?
I still believe three days for the manipulation. When all margin is gone we magically return to our previous levels. The market makers, hedge funds, etc. have made their money and the game begins again.
And let me go out on a limb. In three days, after all the poor margin traders have had to cover their margins the stock will miraculously start to climb. I was only able to purchase another 3000 shares and I am officially all in. No more dry.
Simple fact. Market makers stand to make over 18 million dollars. They are supposed to bring stability to a stock. Our MM is doing the opposite. They are driving the stock down for their own purposes. We, meaning the investors aware of Wave, are already mostly invested. We do not have a lot of buying power. We are easy to manipulate. Our company is showing healthy growth, new clients, and a five year lead on competitors. Why the drop. It had to go under $2.00 to get sufficient volume to cover their short shares. Criminal.
Another bunch in my foolish hands. I went to td ameritrade and just being able to look at real projections on their report sheets felt great. Last year there was nothing. We are at the beginning of being a real company. To those just getting in, congratulations. You did not have to wait as many years as I did. However, I guarantee that you do not have the fortitude to buy as many shares as I have. That is the advantage to all of us that have been in many years. I have steadily accumulated to the point that I would show up pretty well on the mutual funds list amount of shares owned . I never would have done that if I was just starting to buy. I will either be begging for donations on this board or flying to Vegas for the end of an incredible journey.
I know WAVX board readers like us cannot talk about strategy too much in regards to buys, sells, etc, or it is a manipulation. What about a letter writing campaign to the governing bodies about MM manipulation and naked short activity. Sometimes a push or a squeaky wheel will get action. Any thoughts. Am I way off base or is their activity the "norm". What if the possibility of increased scrutiny changed their actions and accountability. Of course all may be the way all market makers are allowed to act with the current laws I am way out of my knowledge base here. Just random thoughts.
I just picked up 1000 shares when I saw the mm's drop their price on almost nothing. Listening to the conference yesterday, SS sounded so much stronger and sure than I have ever heard him. I suppose on a CC you must temper your enthusiasm. Slide 14 alone gave me heart palpitations, then Peon and Price waterhouse, then number one in revenue, one in R&D 5 year jump on anyone except Infinion and we are taking their customers. NSA, President Obama.....all this is your news. SS just can't talk about it at shareholder meetings since all it takes is one investor to say the stock was hyped. If the stock goes to 5 within 2 years (big smile), that would be 50% return on my money a year. My bank wants to give me 1%. MMMMMMM let me think about it.
Maybe they came out after the closing so that they did not get buried in some PR in the morning. I love my baseless speculation. On a more serious note what I really have hoped for is a serious growth stock that will continue it's growth pattern quarter after quarter, year after year. I would say that there is a decent chance that we are riding that stock. It seems amazing to me that we continue to stay out in front of the pack, no mater which way it moves or how quickly. We have assets, people assets, experience, relationships and connections, govt trust and security clearance. We talk to generals, admirals, heads of the largest companies in the world on a daily basis. Some here take that for granted. As investors in Wave, we have taken a shot at huge success. No one knows how it will turn out but as my private wealth advisor friend told me "you at least have a shot at the dream".
Does anyone know how we get paid with esign? It seems something that we should have beat to death on the board but I can't find any discussion of it. What is the future revenue potential if it keeps taking off and how much could implementation of esign influence a client to adopt Waves main products?
My $28.00 stock purchase isn't looking very good either but last years $.32 stock is feeling much better and luckily there is a lot more of the $.32 cent buys. I have to laugh out loud as I think about those 100 shares I had to have, quickly, hit the buy button, at $28 before the Intel announcement became widely known. What incredible times. I think this time when we get to $28 I will sell off a few shares so as not to appear greedy to my wife.
Wavxmaster, I didn't see your post on the market makers earlier. It's still an eye opener. Thanks. I think it's why you must accumulate and hold a rising stock and forget about the swings. Hopefully we have the rising stock. If we ask SKS to release a bunch of PR's so the SP will rapidly rise and we all could sleep better at night, do you think the chances are good that he will listen. No, I didn't think so either.
Actually it is amazing when you read our first analyst's predictions. $6 SP target based on 21 cents a share in earnings next year. 425% growth for the year. Revenue of 45 million. Not too many companies that I know of with this kind of growth. Where it gets scary is when you extrapolate that growth out another one or two years.
Anyhow, it is really nice to see an actual analyst. I always said that this would be our turning point, when a pro actually believes what we believe in and risks their reputation to publish that opinion.
Could someone repost the article about how the market makers operate and move a stock. On these low volume days when the stock drops on few shares traded and others when high volume does nothing to the SP, it is good to know the inner workings of the MMs.I can't find that article. There is a big need to cover and the lower the price the more they make.
We can expected a frustrating drop in SP on very small trades and not much upward movement on large trades as the MMS cover their position. Hopefully this will be offset by good news and the capitulation of other shorts as they scramble to cover positions. The article posted here on Market Maker strategy was an eye opener. Widen the spreads, hold the price, etc. May be worth a repost while we wait for news. Then again, Tuesdays are great news days, and maybe we will be surprised. Since the 4th of July fireworks I watched was a little lame this year great news coming out and 8 million shares short trying to cover would more than offset that disappointment.
Rebalance is fine but basics still apply. If enough people want shares the price will go up. Our institutional ownership is creeping up. Our first real analyst starting coverage. Wave seemingly burrowed deep into the exploding security field. I am so sorry I could not make the meeting this year. I am now very comfortable watching my long term growth stock. I will leave the ten bagger and twenty bagger in a year talk for you younger folk. I have patience and can wait two years.
When we were a penny stock the SP did not move with the market. Now that we are growing up, we are moving with the market, and people are nervous. Go figure. This is not about WAVE! I am going to buy a few thousand shares more and not watch the market for a few weeks. I ask friends not to tell me whats going on and don't watch the market. If you believe, as I do, that the stock will be significantly higher in a year then whats the point. I don't make major contributions on the board due to my technical, or rather lack of technical abilities. But I will be in New York for the Shareholder meeting as I believe it will be a huge celebration.
Snackman, I have wantted to go for the last eight years. This year finally I can do it. Does anyone wear their posting names so we can finally meet each other and have an early celebration drink? Being there without my fellow enthusiasts would not be the same.
I received my Dell small biz advertising boocklet in the mail. I don't understand why they don't put more emphasis on encrypted drives, embassy software, etc. Other software is mentioned even though for different purposes.
We are playing in a very exclusive sand box. eom
To play with the big boys you need money. We all know that Wave trimmed it's expenses down to the engineers and support people that were necessary to win and maintain clients introduced through Dell or established channels. There were some new wins and some new supposed wins that have not yet effectively marketed to their own clients. NEC, etc. The lack of other forms of marketing is based on the reality of limited funds. YOU MUST SUPPORT EXISTING CLIENTS. In another quarter or so, Wave will have excess cash flow. It is then, and only then, that money an be spent on new forms of marketing. I think there is great genius in developing a product that others will advertise for you on the scale of a Dell. This whole journey of ours will transform over the course of this year and we go into cash positive territory. It was only a year ago that we were fighting for our lives. Incredible fortitude and tenacity. As a person who has developed multiple companies I can assure you many nights of no sleep, antacids, a scotch here and there, etc. were the norm. I am grateful to all of those on the WAVE team that got us here and transformed an industry in a short ten years.