Conix: I agree with your suggestion and anlysis, but am not concerned in the slightest over the lagging stock price right now. The orders are there, and units will ship going forward in 2010. I am just a couple of months into this investment, and believe that there should be sharp invcreases in revenue reported buy CTT in 2010.

Q: whenever I see a stock of a company like this in a period of relative silence like this, I believe there are 2 possibilities. Either management is sitting there doing nothing and awaiting the inevitable end; or there is simply nothing concrete to report, but management is working very hard to move the company forward and create progress, growth, sales, etc. None of us can know for certain which of these alternatives applies to Axis right now. IMHO it is the latter, and I know you buy into the former. That is life. I have followed this company from here in Lincoln for some time now, and have a significant investment here. I am a "big boy" and can live with my decision. If, as I believe, the future is bright, then I will be very happy. If you are right you can gloat on the boards. Only time will tell.

"The Company's cash, cash equivalents and marketable securities increased by $2.5 million to $19.4 million during the current fiscal year."

Read it carefully. Cash on hand actually increased. The loss included a non-cash charge of $5.1 Million:

"The Company's net loss of $2.7 million during the current quarter included non-cash charges totaling $5.1 million for impairment of goodwill and intangible assets associated with Patriot Data Solutions Group ("PDSG") and Avot Media preferred stock"

Thanks dfunk!

I haven't noticed any dumping either. Let's face it. Q...eer is touting a non-issue. Mr. Peterson does not own enough shares to even be a factor ($7,000 position), and Mr. Hanson is subject to selling restrictions. Even though Hanson is no longer on the Board of Directors, his position makes him subject to share sale reporting, etc. There have been no filings of any insider selling since last spring when Mr. Gruennewald sold a few shares not amounting to much of anything. Once again Q....eeer is putting out another red herring without any factual basis.

Neverending: Are you still thinking that earnings are coming out today? After the market?

Nice to see the considerable increase in PPS on a percentage basis, and on such light volume figuratively speaking, i.e. less than $50,000 total $$$ volume.

Great point. Thanks for the insight.

UTRM: Also watch this one. New waterless toothbrush.

AXTG: Watch this one in 2010.

Like the spike up at the close, but it appears there was only about 10,000 shares of late volume involved, or less than $18,000 total $$$ volume, so not really that significant. Could just be that the sellers went away in last few minutes. We are hanging tough in this range, though, and I see higher PPS just around the corner.

Conix: My post was an attempt at some light-hearted humor to bring some levity to the scene, rather than anything negative or bashing. I still believe there is very significant upside potential here, and am a holder. I also am inclined to buy more down here.

Amen Snackman. And, this consolidation could be healthy in terms of building a base at this higher level. I really believe that a little patience will be rewarded here.

That is what we need - new investors. This stock needs a lot of new $$$ coming in right now, and it needs some news or an update on orders and shipments to generate more interest. I think that will come, but when is the issue.

Thanks for the insight riz. The fundamentals should certainly be there for a sharp move up.

I view today as healthy consolidation following the recent runup in the stock, and look for WAVX to form a stronger base of support here to help facilitate the next move up in the stock, on the way to the new Board Battle Cry of 10 N' 2010!

This is getting to be quite a "painful" investment. I am still a believer and a holder of the stock, but may need a site map in order to locate the nearest Calmare pain control machine.

Thanks ISPRO - Well stated. I have been very frustrated with my investment in WAVX over the past 10 years, but held on believing in the back of my mind that patience would be handsomely rewarded at some point. I like your style with the 20 in 2010 thing, but would be ecstatic with 10 first. Either way we all win. Here's looking forward to your regular participation here again.

Yes RWK - Life is good in the WAVX universe

PPS holding up nicely in this range. Hope we can hold up here, or higher, into the close.

Volume has dried up since the spike up in PPS this afternoon. Only 1 small trade in last 45 minutes.

Nice spike upward in PPS here this afternoon. Looks strong on the daily chart. But, I am puzzled as to the fact that it happened on such little volume. Could it be that we have had a major seller or sellers of large amounts of the stock that finally ran out of shares to sell? Who knows. But, I'll take it.

Welcome to the Board Crex. And thanks for your insight submitted from real life experience. I also believe the sky is the limit in terms of the potential for this brand new product. You are getting in at a very favorable price and with incredible timing IMO. The company is apparently just preparing to ship the initial product shipments this week.

WAVX screaming - still has the MO

WAVX screaming - still has the MO

Nice bounce back up off the dip down to 1.71. That should be a good sign.

1.13 Million shares traded now in real time, but bid has dropped back to 1.78. Too much stock being offered for sale at $1.82. We need to keep making runs at that figure and see if we can punch through and clear out the logjam of stock at $1.82.

Exactly Vader. $1.82 is the resistance right now. There is a lot of stock being offered at $1.82. We need to get that cleaned out before we can go beyond that point.

From your post to the markets ears! I hope you are right. Maybe patience really will be rewarded here.

She is regularly active on the boards of 3 stocks I own, and is actually the Moderator of one of those boards (incredible if you ask me). She claims to have very large positions in certain of the stocks, so I have never understood why she would be so pissy and negative with her frequent rants, i.e. if you can't stand the company, product or stock, then why invest? And, if she already owns the stocks, what is to be gained by repeatedly posting such negative bashing rants? I have in the past seen some normally credible posters suggest that she is not really that negative on the stocks, but is actually trying to run the price down in order to pick up more stock on the cheap to lower her PPS right before expected positive news, in order to profit from the pop. But, I cannot imagine she could be that smart or possibly know when to do that. And, that would assume one could keep the price down by posting on IHUB - a ridiculous proposition.

Thanks for the interesting list of top 10 trading days. Note, hoever, that these are all prior to the 1-for 3 split in September 2006. Did you take a look at where today's volume would be in the rankings if everything were adjusted for the 9/06 split? I.E. compared to your list, today would have been over 3.1 Million.

I inquired of this with IR in mid-December and was told "right after the first of the year." It sounded like sometime this week was a good bet. And, thanks for changing the subject. This bacteria argument is pointless and totally irrelevant.

hotchet: You certainly have her figured out. She is like this on several boards, i.e. it doesn't matter what anyone says - she will argue and fight over everything. I cannot imagine how anyone could be that frustrated and unable to do some DD of her own. IMO, this product was never designed to be the one catch-all, be-all, end-all product for everyone. It is designed for the military and others who don't have a never ending supply of water. Or, maybe there are folks who go camping or only want to use this product when they travel, etc. There are all kinds of uses and benefits for this product other than as the one method of dental maintenance for everyone every day. She should be able to understand that, but can't get off this bacteria kick. It could be a long year around here if this keeps up for long. Maybe she will ultimately find other interests, e.g. quilting, needlepoint, or an interior decorating class, etc.

Vey nice close. And it dispels the notion that today was the result of daytraders, etc. I have been patient with this investment for over 10 years, averaging down my PPS, and it is nice to finally see things looking up again. perhaps I can stop cursing George Gilder at some point.

WAVX still breaking upward hard.

I did post the fact that WAVX was running hard on momentum on several of the IHUB momentum boards this morning. I am not saying that means anything, but sometimes a few posts over on the other boards, where the momentum/breakout traders watch, gets some additional interest and $$$ into a stock.

That could be accurate. Based on my inquiry to IR on 12/15 (see post #168), what is apparent is that the profit on U.S. orders and shipments is significantly higher than on foreign shipments. He also stated that the majority of the pending orders to be shipped this quarter are U.S. orders, including 1 U.S. order for 10 units to be shipped each month.

WAVX: Strong momentum and huge continuing upside potential here.

WAVX: Huge Mo to the upside here.