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.
dig.....looking ahead from now to Jan options expiration....are you expecting Wave to hang around the $3 range? This would probably represent a departure from recent trading action where the price migrates back to the $2.50 strike. I don't think there are that many marbles for the MM's to play with in December, but there is quite a bit a option activity set for the third week in January. I am getting prepared to finish up on some buying between now and mid Jan so I was just curious as to what your opinion is. You seem to have a really good feel for things. Thanks.
pontdugar....it is the end of year....many people have different reasons to buy or sale. There could be higher than normal volatility during this time. I personally think the MMs are very wise to this and take advantage of the situation every chance they can. JMO.
Do Jan options expire on the 3rd Friday of the month (i.e. Jan 21?)
1260....what's your near term thoughts on Wave? Curious about your earlier post today about your expectations. What would be the driver behind that (options, margin calls, setup for accumulation?)
Are you expecting the downward push today? Or sometime near term?
So do we test the 2.92 support line today?
So were the MM's possibly building inventory to fill the market close order? Just curious
Could we be about to raise funds?
I think we will need a little more time and more revenues or a material announcement to bring us to that level..BICBW. JMO.
A major upgrade that SKS sort of suggested? Don't know about anything like that...but you may be right about in the money Jan. 2.50's.... there is close to 1,000 Jan call contracts @ 2.50. There may be a fight over who gets the shares. We will see
I am thinking that we may start to slowly ease up after the Jan options expire. I think there will be a battle line drawn on the Jan 2.50's. Jmo
Weby...I like your possible pps projections, put IMO I see the first rung on the ladder out around the April/May time frame. JMO
wavedreamer....I think we could get an announcement at any time.....but we are also about to enter the holiday period and not many trading days left. And if we do get a material announcement(s) before year end or in two months....its all good IMO.
There really is not an enormous amount of shares IMO. If the revenues and eventual earnings happen as we hope then 80mm could become 160mm in time. I would expect great success would open the door for a split at some point. JMO.
Keep it coming wavxmaster. I lasso'd a few more in the corral myself today!
I think Wave offers the potential for a very nice take out down the road in the not too distant future. I started my last round of accumulation today and it will probably take me a couple months to get it all done.
I see what you are saying now. I need to read closer.
I would think that the actual confirmation of the transaction in the financial statements would necessitate some form of communication due to materiality. Were the facts previously stated in a PR or formal filing?
All....my apologies for the incorrect number related to auto deal. I thought I remembered that number being referred to in one of the recent investor presentations, but obviously I must have misread. But hey, if it is $2.25mm, then that IMO would certainly be a material event and require disclosure. I would assume they would want to close prior to YE 2010 in order to bill and collect the funds and report the transaction in the YE financials....so if that is the case I would also assume a filing or PR sometime in Nov. JMO.
tkc...I personally expect we will see a filing on when the next payment from the big three auto maker happens. I thought I heard them say that to be around $2.9mm, but ICBW. Outside of that, I think the company if focusing its efforts on educating investors, and getting itself entrenched as a component of the overall trusted computing solution, which I believe is what will ultimately pull us through the channel to a good deal down the road. JMO only.
ExPat....I think that is exactly what folks are doing. I know I am. I have some more shares to accumulate but I am going to wait a little longer before I decide to pull the trigger or not. Plus, I want to see what happens on a macro level after the mid-term elections and how the overall market is going to perform at these already inflated levels. JMO only.
I really don't know if one can draw any conclusions or predictability from this at this time
In time, I agree
DD .... It will be interesting to see what the masses do near term with the market at current levels and nov mid term election process and the fed bolstering additional support. Heck, I want to do some more buying but I just can't seem to bring myself to pull the trigger right now.
I think the macro environment has a high probability of taking center stage over the next few weeks.
It's going to take a higher level of revenues IMO. We are already valued fairly high on a PS valuation.
Snacks...in this case, would we expect to see a filing first before a PP assuming one was done for this reason?
awk....very good. Thank you.
Wonder if we will be needing to raise funds for whatever reason before end of year?
dig....that is certainly some really good analysis on your part. Thank you.
oknpv...you may be right about the end of day trades. If I were an individual buying now, I certainly wouldn't be waiting until the last 6 seconds on an up day to do it. I would probably do it in the first couple of hours of trading (looking at yesterdays chart as an example). JMO. With these last second trades, I wonder what happens if the overall market starts to take a breather...we are getting a little frothy here IMO. Wave has now gone up 5 days in a row so I am not sure if this is just a swim in the range again or the start of a new leg. I guess only time will tell. It sure does feel better than going in the other direction that is for sure.
Really hard to say for sure. This time of year can be kind of tricky. I expect to see them jig it around a bit...taking advantage of any macro drop on a day by day basis. Not a good time to margin as they will make you pay. Baring any huge new news, I just expect to continue seeing it in this .30 cent range. Interesting will certainly be how it reacts to 3rd qtr earnings announcement. I want to see more institutional ownership expansion. Don't know how close any info is on Govt pilot and decisions going forward but I thought that was a few more months out from now but ICBW. Don't know if we will get any tax selling this year or not. I would like to take out a few more shares but I am just going to wait and see what the 3rd qtr looks like and what happens in the following weeks. All JMO.
I think further down the road it could happen. But IMO we want a split in there first.
I have no idea. Maybe at $2.48 this morning they figured...hey....it is close enough....I better pull the trigger....I have meetings all day long and I can't check the status, etc....and I've already spent the amount for the options and with 2 cents from strike I can't buy 40,000+ on the open market without running it up and I don't want my option investment to expire worthless....who knows, but I try not to over complicate my thinking....the stock will probably show us in a few days if this little jig up was option related or it wasn't. It's pretty simple I think. I just believe until the revenues really start to expand or we see evidence of this more clearly.....that we will be in a trading range which is what we have been seeing for a little while now. 3rd qtr has historically been Wave's soft qtr (at least the past two) but that doesn't mean this necessarily will be the same. I just intend to let the numbers lead the way with Wave. Hopefully, we will be able to evaluate Wave in a more fundamental manner in the near future but for right now as dig would say the equity in this range is fairly priced when evaluate on sales multiple basis.
I suppose though that someone could have exercised their right to buy at $2.50 regardless of the total $2.50 call volume in relation to total outstanding shares and it would have ramped up to $2.50 at the close hey?
wavxmaster....I suppose someone had to deliver some stock at $2.50 hey? It will be interesting to see what happens next week with the Wavx trading pattern to see if we get a point of confirmation of today's stange late close to exactly $2.50 and if it was indeed most like related to options expiration.
21% top side revenue growth in the 3rd Qtr seems a little tall in the saddle to me, but I would certainly welcome such a number.
My thoughts also. I think also factoring in around a $7mm qtr IMO.
I speculate that Wave is taken out before end of 2012. JMO.