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WAVR Weekly ... scwewy wabbit.
Nice Handle, and there is a merger in progress.
Wednesday, January 04, 2006 07:00 ET
SAN JOSE, Calif. & TORONTO, Jan 04, 2006 (BUSINESS WIRE) -- Combined Company to Deliver Expanded Suite of Wireless Broadband Solutions Focused on Fast-Growing Markets
Wave Wireless Corporation (OTCBB:WVWC) and WaveRider Communications (OTCBB:WAVR) today announced the execution of a definitive agreement to merge WaveRider with a wholly owned subsidiary of Wave Wireless. The proposed combination creates a new company offering a broad suite of wireless broadband solutions, a strong global distribution network, and a lower cost structure to position the company for long-term growth and profitability.
The merger unites Wave Wireless' SPEEDLAN(TM) family of 2.4GHz, 4.9GHz and 5.8GHz mesh networking products and WaveRider's Last Mile Solution(R) non-line-of-sight, fixed and mobile wireless 900MHz products. The new company's offerings will be marketed to a wide range of public and private sector companies in the rapidly growing communications, public safety, security and surveillance markets.
The transaction, which was initially announced November 17 following the signing of a letter of intent to merge, is expected to close prior to the end of the first quarter in 2006.
"We believe the merger of WaveRider and Wave Wireless will benefit customers, shareholders and employees of both companies in the short- and long-term by bringing together complementary products, core competencies and talents," said Charles W. Brown, Chief Executive Officer of WaveRider Communications. "The new company's expanded suite of products includes fixed wireless, mesh and mobile wireless products for multiple applications serving the WISP, telecommunications, government, Homeland Security, and safety and surveillance markets."
Wave Wireless Acting CEO Dan Rumsey said: "The merger of Wave Wireless and WaveRider will create a new company recognized for its engineering excellence, innovative technology and global distribution capabilities. I expect the current collaboration between the sales teams of Wave Wireless and WaveRider to very quickly produce benefits as both companies cross-sell their products to existing clients and prospective customers. Additional synergies and substantial cost savings are expected as the companies fully integrate their operations in the U.S. and Canada. It is anticipated that the combined company will have a substantially strengthened competitive position in the marketplace, setting the company on the course toward sustained, long-term growth and profitability."
Under terms of the agreement, WaveRider's security holders will exchange their ownership interest in WaveRider for Wave Wireless common stock and convertible securities with each company's security holders owning approximately 50% of the combined company, on a fully diluted, as converted basis.
Charles W. Brown and T. Scott Worthington, WaveRider's Chief Executive Officer and Chief Financial Officer, will assume their respective positions in the combined company. The board of directors of the combined company will include three directors from Wave Wireless and four directors from WaveRider. The closing of the transaction is subject to certain conditions, including necessary regulatory, board and shareholder approvals.
IFLB: this one seems to fit your criteria well. Price is right, massive break above the 50dma, still under 200dma, and momentum is very strong.
Yup. Golden Cross, here she comes!
CMBV
I can se after browsing the board that you guys like 'em cheap. So do I.
How about this one ....
Hi chartinator, thanks for the kind post. I like NIHK, should do really well.
IPT .. Maybe if this one can hold above 200dma it'll be Flight School worthy.
wow frud. sounds like you need a hug.
I'll take that advice too, thanks.
I'm in CMBV. Small at this time .. but I'm in. Chart looks good. Spread is sketchy, but potential is high.
This stock is clearly under accumulation, and broke out of nice February handle on nice volume. Still speculative imo, but I managed to get in under .003 ... so I'm holding to wait and see. A little more volume to follow through on the breakout would have been nice .. but it's the very strong CMF that keeps me in it.
nope, not adverse to pennies in the least. The higher the potential ROI the better.
no worries mokew .. keep those handle ideas a comin!
XSNX .. scary entry imo.
The hourly chart however makes this thing look like something is up, besides the price.
Hmmm .. STEM. It certainly looks like there might be some renewed interest in the stock .. but so far there is no real money flowing into the stock, and little momentum. The first thing I think of when I look at this chart is the 50% rule. If a long white candle can't hold at least 50% of it's gains, which none of them have on this chart, then I consider it null and void. I don't follow this company, so if news is pending that could change things obviously .. Good Luck.
CYGX chart forming a nice handle.
http://www.investorshub.com/boards/read_msg.asp?message_id=9888056
CYGX Nice Handle Forming
Note: You can see a handle forming in the RSI as well as the chart.
IPT Sweet Chart
IPT breaking out of handle
IPT breaking out of handle
LFWK Chart of Beauty
I've looked over a hundred charts today (if not more) and this one just makes me teary. It's perfect. Perfect and beautiful.
I was going to annotate .. but what's the use? Just look at it.
Note the "handle" during the first couple of weeks in February.
my apologies frud .. was meant to be sincere in my post. I am not above taking a loss (almost went broke with DSTI, just as example), and feeling yours or anyone else's pain is not something I desire.
Truly hope things work out for long term investors of DNAG.
Happy Saturday.
sorry frud ... I can feel your pain with every post you make. Hang in there ... there's still hope in this one.
LFWK Hourly Chart
ADVC Hourly Chart
It's bad if you bought in higher. But it's good if you got in at .02 and see this as another buying opportunity. Currently price is still holding critical levels (above middle bolli). If the pps closes below say, .022 - then get out.
So where did all the buying pressure come from that caused the pps to double in value from it's January low? Just curious.
"Does this large increased number of shares in February portend comparable, or even larger, increases in the months ahead?"
If it will have the same affect on the pps as it did in February, then I hope the increase is comparable. lol.
so last month there were 40 million shares released, yet the stock rose in value? What does that mean?
VDWB Reversal?
NEOM in handle... of sorts...
FNGC STRONG Breakout off handle...
ACKO Breaking out of pennant? Notice the nice handle in January...
IFLB Breaking out of handle...
Thanks Gok.
I got's me a board.
http://www.investorshub.com/boards/board.asp?board_id=5280
I got's me a board.
http://www.investorshub.com/boards/board.asp?board_id=5280
I got's me a board.
http://www.investorshub.com/boards/board.asp?board_id=5280
I got's me a board.
http://www.investorshub.com/boards/board.asp?board_id=5280
"one of the many variables"
I will agree with you on that one, fully.
ADZR chart
FPPL .. note the slight upturn in stochastics as pps slides.
02/13/2006 (11:14 ET) WallStreetGrapevine.com: "Stocks on the Rise" - M2 Communications
12/12/2005 (09:00 ET) First Petroleum Completes Its Property Acquisition Program With the Purchase of Its Final 3 Oil & Gas Leases in Wyoming and Colorado - Market Wire
11/15/2005 (16:05 ET) First Petroleum Expands Colorado Oil & Gas Lease Program With Third Purchase - Market Wire
11/09/2005 (16:31 ET) First Petroleum Secures Federal Oil & Gas Lease in Denver Basin, Colorado - Market Wire
11/07/2005 (09:06 ET) First Petroleum Secures 2 Leases in the San Juan Basin of New Mexico - Market Wire
11/07/2005 (00:46 ET) First Petroleum, Taj Systems, American Petroleum, Leatt Corp. Named In Stock Promotions - Investrend
11/02/2005 (09:04 ET) First Petroleum Acquires Oil & Gas Lease in Uinta-Piceance Basin of Colorado - Market Wire
10/27/2005 (16:02 ET) First Petroleum Secures Federal Lease in the Permian Basin of New Mexico - Market Wire
Beautiful Charts