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a takeover rumor would do the trick :)
it should be zero or at least close to that. it's held up by lies spread around by the spragues family who owns this supposedly public company, and their surrogates. lies, lies! upon more lies!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83914282
mig, Wave has been cut out of the game by msft, for good.
LOL. I was too lazy to post volume details. thanks.
684,492 shares sold short. those are the freshly printed ones.
did you participate in this PP round? if you did, congrats!
almost 700k freshly printed wavx shares were sold short today by PP participants. the week is young.
1260, let me put it this way. the chances of wavx b/e in Q4 are the same as the giants winning the superbowl this sunday
it was pretty bad. how bad? we can only speculate.
i think wave has only enough cash for a week or two.
they have not turned on atm not because they don't need the money. they would love to turn it on. except there is no demand for the shares. will be interesting what the spragues will come with this time. gotta give them credit. they're very resourceful when it comes to keeping this pos afloat.
It won't be a deal with money, but rather another juicy alliance which won't require the wave's new partner to pay wave a dime right now. that's if history is any indication. and in wave's case it always is.
As far as your statement that "it is more likely that Wave was able to acheive B/E in Q4 12 and have been able to maintain B/E to date", that's totally false. you can argue that Q1 might end up B/E. I would strongly disagree but there is at least a possibility no matter how remote, because there are 2 more months left in the quarter. But when it comes to Q4/12, the fact is they lost millions - as much, maybe more than in Q3. For them to b/e they needed to sign at least a couple of large contracts. No contracts were signed.
lugan, are you saying you don't read the rah-rah board? cause the myth is alive and well there, actually stronger than ever. i have not checked for weeks, but took a looksy this morning. most posts there are about shorts and short squeeze.
the truth is if there is some sort of meaningful news or no news but a spike in volume, instead of a short squeeze, all you'll see is millions of shares sold short by pp participants. that will quickly kill any unlikely rally. as always, they can short away as much as they can because a week or two later the pp gets officially announced and they proudly receive their 60-cents freshly printed shares (which they have just sold in advance). no need to cover and all:)
they got nasdaq extension till june i believe, so the reverse split won't happen till then. right now they need to raise money to finance the operation and they can not. there are no new investors, no volume. if a million or 2 freshly printed shares gets dumped in the open market today, it will completely destroy the sp, create a huge panic and in the end won't raise much cash for them.
of course they're hoping for some of those deals titlewave keeps bringing up to close, but in the past when nothing happened they could just do another round of pp (or atm like last year) and go on. not anymore.
and by the way, if anybody thinks wave made enough money to get to b/e in 4th qtr and they don't need cash... completely delusional.
lugan, large short position is a myth circulated by the spragues and their surrogates. 99% of short shares being sold year after year after year are the ones by those who participate in PPs. speaking of which...
any rise in sp will quickly drown in millions of freshly printed wavx shares sold short by the PP participants and sold by Wave directly via ATM. Just like always :)
lol. if you can not skip thru all the usual bs he puts out there every time he speaks, and get str8 to the point, you're wasting your time. trust me, nobody else pays much attention to anything he says anyway...
SKS interview. for those who do not understand that wave PC TPM chapter is over, here's a confirmation.
http://ceocfointerviews.com/interviews/WaveSystems13.htm
"You asked what our focus is today...in a word, mobile."
As oppose to 3 years ago when prev interview was conducted and the focus was TPMs in PCs, large enterprises to follow up the GM deal.
I have a better question.
What are non-Samsung computers going to use?
3 years ago an incredible gift landed on Steven's greasy fat lap. GM went with Wave first to spite their old vendor and then realized the tech was pretty good and cheap. Any moron would leverage that into something, unless he really did feel like it.
One has to wonder if keeping the till filled is really all he cares about. I think he is.
january along with early february is the time wavx sp peaks. happens every year. check the charts if you have any doubts. and then it starts dropping like a rock all the way thru spring and summer time. so what will happen once the usual start-of-new-year positive attitude encouraged by the spragues and their surrogates finally wears off a week or two from now? once the reality sets in as it always does and should. ouch!
so yet another month is slowing coming to an end. forget about 2012. this was supposed to be a start of brand new wavx future, was not it? but anyhow the spragues and pp guys need your support. dig deep into your kids college funds and second mortgages, and you will rewarded with $100 sp later this year. because TC is here, well almost. and dod and big business won't trust anybody to manage their security but the spragues.
wave = root of distrust!
the spragues took hundreds of millions of dollars from investors over the past 25 years. who cares about the worthless options they issued themselves just in case this pos goes up? are we supposed to feel sorry for them?
picture the following situation. you and your wife are invited to some fancy party, so she puts on her best jewelry, you put on your best watch, etc. during the party you go outside to get some fresh air, and suddenly you get mugged. the jewelry, the watch, your wallet with cash and credit cards are all gone. you get home and call the bank to cancel the cards. you're not gonna sit there and gloat that the thief will not be able to use the cards, are you? i don't think so. instead, you'll be mad as hell about losing the expensive jewelry, watch and cash.
I'd rather trust Madoff to manage my money than the Spragues to manage my security.
PP is not announced yet but has been arranged and shares assigned are being sold short in the open market.
in answer to the other question you sent me via private msg, WAVX tpm business is finished because of MSFT.
government agencies and large corporation run on windows. MSFT has its own tpm management software.
the sp should be 9 cents not 90. the only thing holding it up are the usual lies spread by the spragues and their surrogates.
PPs.
The current PP is at 60 cents. 5M.
The next one will be at 35 cents. 5M in early March.
Followed by reversed 3:1 split in May.
The SP will stand at 25 cents post-split in July.
No cash, no contracts, no future!!!
you can go ahead and re-read my posts too. during each PP i probably wrote the same lol. what is it this time? 3 or 4 million shares at 90 or 92 cents. will be announced shortly but in the meantime PP participants are selling their brand new shares short to the enthusiastic wavx community. all what's needed is another not even a promise but just a rumor of a promise of B/E or DOD contract...
Lugan, investing money in stock market in order to make profit has nothing to do with optimism or pessimism. both feelings can be very dangerous effecting your decisions. you have to be a realist and look at the facts and facts only. and the fact is Wave will not make a dime on devices running Windows 8. Happy 2013 to you and your friends!
For TPM management software to compete with MS and Apple. Personally I think TC adoption is still years away but it will happen. IMO Google has plenty of time to develop their own sofware, but they may feel pressure to do something right now.
they will go into the survival mode. their tpm business is done. layoffs. scrambls and esign will stay. pps. reversed split. they won't go out of business. the spragues will keep collecting their checks and bonuses thru all this. lark is too old for this.
i gotta say though that google must be scared a lot by windows 8 success and they just might panic into buying wave. no indication of that though. the volume would have been different if something was happening.
i think when you look at all this a year from now, at the end of 2013, you will see a company that was on the verge of a total collapse. Lark knows it. That's why he's leaving. is this pathetic rise toward $1 on no volume is supposed to fool anybody? i guess it is. no cash, huge expenses, no new contracts signed for how many quarters now? things are about to get very ugly.
now that they got their nasdaq extension, they won't care about share price for a while. PPs, ATM... all on, baby! oh, and lay-offs of course.
how old is he? eom
if Wave has some sort of an agreement with company A, and company A has an agreement with company B, which signs a big contract with company C or government, surely Wave is involved :)
u sure there is an engine? i would check under the hood if i were you :)
alladinator, there is nothing neutral about wave's saga.
alea, everybody on this board enjoys your posts. there is a huge difference between posting information related to the space, tc, etc. and saying hey! look wave may have some role in this or that one day, might benefit somehow, etc. as oppose to posting the same articles with a clear pretext in bold that this is a game changer, great news for wave, etc. i think everybody here is smart enough to understand the difference.
having said that, i'm afraid you are one of very few who are not completely exhausted yet from looking into potential and all these developments on weekly basis. most are. there is more than enough potential there, have been for years.
so there is another alliance, opportunity... big yawn...
new year is always exciting, fresh start, things to come. something to look forward to. well... unless you're a wavx investor of course.
in 2013 wavx will be de-listed from nasdaq, perform another pp or two, will try a reverse split, lose what's left of dell revenue, won't sign any significant contracts, lay off most of the staff except the spragues and a few significan others.
cheers!
everything is different 3 years later (hey! 3 years ago the GM deal went down) and i'm sure 3 years from now things will be a lot different from what we see now. i've been saying all along, for many years, that once TC adoption starts taking place and there is money to be made, there will be a lot of competition in this space, that there's absolutely nothing special about wave's software. it's a just a piece of software and big software companies such as msft and google having the resources they do, won't have any trouble coming up with their own products.
i don't think wave is in a bad position right now. the problem is companies and feds are still not ready to adopt TC. will they finally start adoption a couple of years from now? maybe. nobody knows. but how will wave survive for the next 2-3 years? when was the last time they signed a big client, had a big contract? dell revenue is down and imo will disappear completely very soon. i just don't understand where the money is gonna come from.
i don't think msft has sed management software yet, but who's to say they're not writing one. I think people will be very surprised when they look at msft's TPM and SED management software portfolio a year or two from now. imo they will have a lot more than wave can offer now.
Dell bought Credant though. Credant can manage SEDs for now, can not they?
hi alea, a few thoughts.
1. TC adoption is still years away. who knows what's gonna happen between now and then?! all we can see is how different companies position themselves. wave's is obvious. too me i know what msft is doing and i think i can tell what dell's plan is. i'm sure apple and google have some plans too, but we do not know much.
2. you might like to have ipad or iphone or samsung phone, but if your employer mandates otherwise, you're gonna have to use whatever they give you. for your own personal use you can have whatever you like of course.
3. once a company decides to build a TPM network, buying new Windows 8 devices and getting older ones upgraded to Windows 8, will be a part of the process imo. I don't foresee any legacy environments.
the bottom line, i don't see wavx in this picture at all. imo msft will make tons of money.
given wave's current size (number of employees, other expenses) and money from dell soon gone, i don't see them surviving thru 2013 on their own. are we gonna see 2-3 more PPs, then another reversed split? and then what?
wave and current shareholders will be extremely lucky if there is a quick buyout by let's say google.
Alea, I'm not talking about customers, consumers, etc.
Only corporate environments and government agencies.
They have been homogenised on MS for over 2 decades now and that's not about to change.
I know what Wave's bet is. Everybody does by now. But very few seem to understand what Microsoft's TC bet is. They will definitely do everything they can to force the large corporations and government agencies to use MS trusted equipment only. Let's say you're an employee of JPMorgan Chase or DOD, and you own an iPhone or iPad which you also use to log on to your work, or you have a company's issued blackberry or android. Once your employer decides to activate a TPM network, everything will be replaced by MS tablets and phones. That's the plan anyway :)
hi wavedreamer, microsoft is not interested in mixed environments and dell either. you should know that 99% of large corporations and government networks use windows. if an entity like that decides to build and activate a TPM network, they will upgrade all old computers to Windows 8.
Hi Kalei, hope this one-week old article from Mobile News helps:
http://mobilesyrup.com/2012/12/14/dell-is-finished-with-android-smartphones-and-tablets/
Dell is finished with Android smartphones and tablets.
"Dell has announced, unceremoniously, that it will exit the world of Android smartphones and tablets. Truth be told, the company hasn’t released a new Android product since the failed (and awful) Streak 7 all the way back in early 2011, but Dell’s vice chairman Jeff Clarke told attendees at an Austin-based conference that they will not re-enter the game.
According to Clarke, “[Dell] couldn’t find a way to build a business on Android.” He said that because Google and Amazon can offer content such as movies, books, magazines, TV shows and music to provide extra value, smaller OEMs are unable to sufficiently differentiate themselves in terms of hardware. It didn’t help that Dell’s hardware was decidedly mediocre, and they entered the market at a time when the software paired with Android tablets was woefully underdeveloped.
It’s unlikely Dell could compete with the big boys now even if they were to reenter the space, but the company clearly sees value in tablets as a category — they just released a number of Windows 8 hybrid notebooks, which have proven to be quite popular."
So, yes, all Dell machines will run on Windows, and MSFT will manage TPMs, eventually, when/if TC adoption finally starts.
That's why Dell will not continue their relationship with Wave in 2013.
awk, dell does not need tpm management. microsoft will do it for them. all dell machines run on windows. dell will not continue their relationship with wave in 2013.
i agree with jermart. everything points to wave selling more shares this week as he predicted. there is always dell or apple or msft or google buying somebody, always another new alliance or product where wave is listed as some kind of a partner, etc.
the bottom line is yet another qtr is almost over and there is not a single large contract. which means they're out of cash which means they must print more shares.