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.
Is that 71,000 on the bid?
Happy and healthy new year to all. May 2009 find us all well and prosperous.
I say up on the close today. Today people just waited for the inevitable pullback. That has not occured (well not as of this writing). Now they have to deal with the fact that they must pay a little more for each share if they want some. Next week they will have to pay a little more. The people that realize that today will have to pay a little more as we near the close. It will feel good going into the weekend. It's nice to have the time to daydream once in a while. Let's see.
Right now it was only the wavoid community that saw the PR and knew the implications. We jacked up the price. Wait until the general public knows what we know. This is a rare case where we know something they don't. Smile and be patient.
Instead of the 8k report, imagine the tape reading "first time in history DELL backdates an agreement to raise payments to Vendor Wave systems". It would be over a buck today.Nice dream....now off to work I go.
Blast off!!!! Watch the volume. Most risk gone. Byers coming in.
The language of the 8-k suggests that what I have been saying is true. Who ever back dates an agreement, reserves the right to go back to old rates, does not specify a fixed amount of a raise in price. Only someone bailing out someone and coming up with a creative way to do it. It is a done deal. Our customers WILL NOT LET US GO KAPUT! The threat of financial failure because of short term liquidity has passed. Of course this is only my take on it even though I am right.
I agree 100%.
What we do know is that sales are increasing, our product is worth more and more to our customers, and that the only negative at this point is financing the next two or three months. That is it in a nutshell. If we had ten million in the bank everyone would be jumping up and down that we will be at break even soon with all indicators rising. I still assume and have asserted for quite a while that our customers have too much invested in us to let us fail, especially if it is just three, four or five million. I would be in shock and awe if we could not raise capital for the final round after ten years of struggle. Inconceivable. So again, I am on the way to deposit funds to make my final purchases. Good luck to us all.
Probably very true but that is someone else's job that is being paid a salary. That being said I will buy more today because I believe they will make it to break even and then be higher than .30. We have to live in the present. Theoretically if we had raised or if we still raise money through a license deal PP could be a thing of the past. With all the belt tightening I doubt if it's around the corner. They do not have enough willpower to do this cost cutting unless survival was on the line.
Thought for the board. Countryboy has said that TvTonic could shut down but not Wave Express. That would be one possible explanation why there has been no filing or announcement of a material change. If there is a sale or license deal going through but the purchaser is not planning on using TvTonic (think NBC) have no need for TvTonic. They want the platform. Nothing would be anounced since the sale is not consumated and therefore is the same old same old.
I would still argue that some announcement could be made that would not compromise their plans such as TvTonic not need for pending deal. Oh well... now my brain hurts.
Weby, do we really have decisions left to make? Our SP is at a point where I just practice "acceptance". There is no other choice. I still hope Steven and Company come through and believe that will happen.
Does anyone know the time allowed to announce or file the happening of a material event?
The lack of caring about shareholder concerns, feelings, loyalty, financial support is mind blowing. We have been led to believe one thing and then get hammered without any announcement. Shutting down the service after hearing about all the value unlocked. For the first time I don't believe anything I am being told by management. We have money, we don't, new deals, around the corner, cool, etc, means nothing. I am stuck due to a huge investment with these........! Steven, shame on you. This is not the way to treat your shareholders.
We should get an announcement tomorrow explaining exactly what happened. If it is what we all fear than for the first time I will criticize management. Until this I, as most know, I was a huge supporter but the lack of an ability to close any kind of friggin deal, hinted at or promised, is just too much. The extra money from a sale would have shot the price up. If a miracle happens and there is another explanation then they suck for sure for letting us believe wave express is lost by reading first in this type of non official announcement. After ten years I have finally had it.
Wave will survive and thrive. All of these companies have spent an enormous amount of time and money developing with Wave. The growth trend will continue. The next few months will be tight but Mgmt has shown over and over that they know how to keep alive. Time is now our friend. I don't think the trend towards TPM's is suddenly going to reverse. WE ARE IN THE MIDDLE OF IT ALL. Going to Schwab. My last purchase today........ok.... Maybe.
I also picked up more today. Will get another 3 or 4000 tomorrow and then wait patiently. When you talk about percentage increase from here even $3.00 is an amazing return. Even if it takes a year.
Strange, I felt very comforted by his down to earth assessment, careful optimism, very firm affirmation that 1st quarter at the latest we would be at break even, and lack of "cool" in his presentation. A maturing CEO. I liked the first month of the new quarter best yet statement. At least now I feel for sure as Weets would say "it is coming". I can wait another quarter or year for that matter as long as I know there will be a payoff at the end.
Sheldon, not the same, honestly.
Waverider, The heading on the release I read said "available" vs "bundled" which appears in the article itself. Someone seeing headings on the screen would only see another "available" service.
Why "available" on the announcement instead of "bundled"? Also, I like the following quote - Intel's vice president and general manager of Channel Desktop Platforms Group. "Wave's ETS software has been included on these platforms to provide customers an option for easily unlocking the security benefits of the TPM."
On my way to schwab to deposit some funds. The cash raised should take us past forth quarter. We should be at or past BE. This is now an incredible risk/reward scenario. Unless we go under, I don't see too much downside.
ok, I lied. Another 500 at .44. I need that number quick to WA (Wavoid's anonymous. Oh no, feel the urge coming again. HELP.......
That was my last 1000 shares. Where can I sign up for Wavoid's anonymous?
Hopefully we are getting past the point where we have to analyze the latest round of financing. We can all disagree on the strength of management but they do keep us in the game. Accounts slowly grow, income slowly increases, cash requirements slowly diminish and one day, yes I do believe, one day soon we will be earning profits.
Seems this slow steady pattern has been seen before financing announcements. Tomorrow may be the day for the last small one before break even.
Acer would not be another company wasting their time and money with developing waves software to their boxes unless they were assured Wave would still be in business a year from now. It follows that if they are still in business a year from now we will never see these prices again.
It feels good being a buyer again today in the 40's. Looking out a year from now I think I'll feel good about my purchases and .42 or .39 won't mean a thing.
Maybe engineering fees have extended the runway. The amount of money that Wave needs is really not much for larger companies to spend. Now if HP quits being stubborn....
If that is the case Acer may turn out to be a larger account than anticipated. This is a good thing.
Oh well, paid .30. Great deal, thanks to all.
I'll take some at .29
Trying to buy 5000 at .27. No sellers. The lowest bid is .30. oops just got 100 shares.Maybe the guy trying to 50,000 will move his bids up now.
Awk, is is fair to say that if Wave were to fail, all this incredible work that Dell, Acer, Intel, etc. would be set back years? They have spent fortunes to develop this system and no one can step into the shoes of Wave, correct. I am just trying to justify a purchase on Monday that is based on the logic that too many companies have based their marketing efforts on the bedrock of Waves technology and therefore a calvary will come to the rescue.
Something is going on. There is over 135,000 on the bid. Update, someone bought 135k.
Let's look at WXP from a buyers side. if you are buying a business some important aspects what is the chance of retaining existing business, how large percent of biz is controlled by the top five customers and how important is retaining top management to the value of the future company. Also big on the list is difficulty of entry by competition. Being in Vista is a big block to others.I would argue based on the above that we would have a partial buy in or equity stake as the management of both WXP and WAVX is essential for the continuity of the future biz. Not so much from a client perspective since there are over 100,000 customers but from a future tied into TPM and security. The value drops tremendously if it is just a total buy out. I am hoping for cash infusion and retention of 49%. Big smile and high hopes.
I think the only reason to divest any portion of WXP is for a cash infusion. It is no secret that we need cash. It is in everyone's interest that WAVX succeed and stay healthy. Can you imagine the turmoil that would occur in the large companies that have integrated Wave into their product if WAve suddenly folded. From Intel to Dell, the years invested in shaping the product to integrate and contain the features that each company wanted. Who could step into Wave's position and fill the gap. Answer-no one! Will not happen. Wave will survive and prosper with no other major bumps other than perhaps a slight dilution from here. I have gone off on a tangent. Oh well. And also I believe Barge is on the right track. The loose change that falls out of Microsoft's pocket daily is all we need.
At this point to buy a preferred convertible stock you must believe it is going to survive. There is no up front money that you can lock in. At 8% you could buy some pretty large safe companies. I think it is a positive. Just my understanding. Maybe there is an angle I am not aware of.
It's not how high the price would jump but rather that we do not suffer further dilution at these levels while waiting for growth.Eventually the price will reward us, it's only the next 90 days that I worry about.
If there is a sale of an asset, the due diligence is done for the most part. NBC and Microsoft are familiar with express. Usually after a deal is entered into the real negotiations and due diligence occur. Here, once a final negotiated price were agreed upon the transaction could close fast with nothing stopping an immediate transfer of funds. The technology is proven and the assets immediately verifiable.The share price should tell us if a sale is imminent.