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Very sad news, indeed - I knew Andy personally from a company we worked at together for many years...... he was only 63.
RIP - Andy!
You have to change the narrative to understand what is holding back Wave - it's a $50mio company for xst sake! if this company had so much potential, at this price, it would have been gobbled up by the secretary of HP's CEO, or her nanny, its just chump change for most people...... there is a long way to go to make Wave into what all the speculators on here dream it should be......
I have to agree with that assessment - if the s/p drops below $1, the whole reverse split scheme to stay listed unravels......
Got to give the fella some credit - he knows how to treat numero uno! Shrewed!
Jermart - do you still stand by your call?
you guys crack me up - this is most certainy not a short on the bid....!
but the more relevant question is - where will the share price go once he steps off the bid, or more precisely, how low....?
Jas - you are probably right - however, my experience trading equities has been that what you think you see is NEVER what 'is', that is the true art of qualified MM's, albeit, its not the GS traders that are pushing smoke around on wavx, they have bigger fish to fry, hence for wavx maybe there are no smoke, fog, mirrors, headfakes etc....
My take is that T trades are used to obfuscate the real intent of the trades, usually for moving large positions, as you said, chopped up into small trades during the day and booked after hours, presumably when nobody is watching...lol
From your observation, in the case of Wavx it is selling.....? the price movement on this stack has been very strange, recently, to put it mildly!
jermart - venture any guess what these T trades mean for this stock? accumulation? divesting by a large fund?
Not for quite a while - but at least the volume is picking up a little....
Anybody ready for a wager - 52 week low by year end?
Nobody else baffled by the fact that we have traders willing to short this stock hovering at the 52 week low?
Shorting after a steep run-up to e.g. $5 made sense - but now? What do they know we dont?
Not in this case - the 40K was filled, as can be seen on the jump in volume when the $2.20 was taken out
DD - now I am really worried!
The argument that we already are being tracked by our cellphones as a justification for more loss of privacy also on my PC gotta be a joke!
But my point is not so much that each person has to deal with this issue individually, but that we 'wavoids' should be careful to extrapolate the potential of this technology - it might not be as welcome on mainstreet by everyone as we hope.
I need some help on this one - there are discussions elsewhere challenging that giving 'somebody access to the pre-boot stage is tantamount to giving e.g. the government acccess to my computer without any antivirus program being able to detect it and defend against Big Brother snooping in my computer.
If this argument is correct - wouldn't there be quite some headwind against this setup? Who in his right mind would want this installed on his computer? except of course on governement or corporate owned PC's.
except the same! MM (edgx) offers 20k shares at the ask - $.01 apart????
No....just a MM booking a sale for shares he accumulated over the previous few hours.
Hi aleajactaest
Thanks for the welcome, although it appears there is not much of a honeymoon allocated around here...lol
Not an imposter, but blue already
zen 88
Thanks for adding a grain of jest to this debate - and not throwing me in jail already...lol
Yet you reminded me that I should have added one important element to what I refered to as 'interest' i.e. share price is one element, volume is just as important to understand wether a stock is merely traded, or accumulated/divested - hence the price moves up or down we saw recently were just a couple of traders having a ball, trying to make a little money. Once these kids loose interest, the share price just drifts.... unfortunately mostly lower.
waveduke
I have a feeling that you follow the share price as much as anybody on this board - what do you see?
I tell you what I see: NO interest in this company!
So my question to you is: If Wave has this great solution to a very real problem, why is there no interest in this company?
While I love to speculate, I do not make up realities to fool my perception.
aleajactaest
Neither one of us knows for certain what big and small companies do to combat cyber threats - my argument is simple conjecture that since the threats are so well publicized most companies are addressing the threats as a matter of operational standards. Assuming all the news is ignored is not plausible - and since we don't hear of orders booked by Wave for the last six months, the conclusion is inevitable.....
The contrarian argument
I don't think it is necessary to regurgitate the security problems computer users have been exposed to in the last few months – the numerous hacking attacks and security breaches have been cited plenty of times on this board as a reason why Wave is the equivalent of the coming of the messiah to the computer user in the present day.
The awareness and need for good security has been established.
BUT the need for a solution like TPM is not at all certain – because if it were a fact beyond the two dozens or so wave aficionados on this message board, wave would be inundated with orders at the very least, with take over proposals from many suitors an almost certainty, the product in the limelight and moving to becoming a de-facto standard.
Instead, Wave and their products are quickly bypassed and moved into the fringes as more powerful players are moving to the fore front as they establish alternative, more mainstream solutions. Remember, broad and overwhelming success is not a function of the viability of a product, its is the result of bold and skilful marketing from visionaries able to tap into the existing mindset of potential customers!
The lights in Lee might not go out tomorrow – the present mngt will skillfully keep on milking greedy investors for a while longer to line their pockets with excessive compensation – but for an overwhelming success with a share price appreciation as is hoped for by the long time investors, the golden window of opportunity has probably passed already.....
Sure, the company could exist for quite a while as a fringe player, but what every investor in this stock should ask him or herself is whether ignoring the obvious signs of lack of progress today and hoping for a day that never comes is worth the lost opportunities that are out there plentiful.
....the trend is your friend, and YTD we are in a downward trend, so going short is a more logical trade!
SKS is also your friend....lol
Which reveals one of Waves problems - even at the lower end of a prospering IT company, the revenue per employe is $500k (or over 1,1 million for Apple) - $500k would make for $85 mil revenue for Wave vs. the current revenue of.....?
With other words, you are implying that if shareholders don't trust this management, how could potential customers trust them - hence the lack of sales....?
That is indeed not without merit....
There is a much more cynical, albeit logical explanation: If you were an officer of this company and calculated the loot from your stock options to be e.g. $3 x 12,000 i.e. $36,000, in order to keep that dollar amount with the tanking share price they need 15,000 shares, it is save to make the argument the stock price going forward will be closer to $2 in their expectation.