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Boy... I never thought I'd be happy to see 1.73 again. Here's hoping that Toyota one of our next big customers.
Hi Lugan, I don't really know what to make out of this one. Started out positive and upbeat and I appreciate your summary of the positives, but I don't like some of the negatives:
...businesses just don't understand device security (how many times have I heard that)..they are just starting to do so now because of mobile devices)
...DOD isn't going to happen any time soon (gov't adoption will be slow and start at the agency level)..."We'd like to see them mandate adoption, not suggest"... wishful thinking
...have major customers in the pipe that are only signing small orders only
Maybe it's me having a bad day or maybe he had a cold or something.
Perplexed...
Wavedreamer,
I agree with you. Also, I think many Wavoids have become traders throughout the years due to the predictability of this stock in the past. Many here did not foresee this rise, especially after the last cc and having to wait until March for the next one. IMO, the tide has finally turned.
Awk's comments in the post, to which I'm replying, is IMO the reason why are moving up.
"I found out that the SED growth curve is on a very steep ascent and the recognition that TPMs are crucial elements in managing all future cloud services is becoming more and more known.
So, the share price will move up. News or no news.
Wave is in an incredible position. And more and more people and institutions are getting onto this train."
I agree, but if this type of accumulation was ocurring, I would think that the volume and rise in SP would be much higher.
This move was significant in that it so closely followed by the previous rise in SP. Many here were of the opinion that we would retrace to the low ones. Any news between now and the end of the year would bode well for a nice ascent early next year.
Wavedreamer... Sounds like some traders were caught by surprise with the Friday SP rise!
It's just unfortunate that the range is under a buck due to the recent PP. I thought we would move back up once the overhang of PP shares were traded.
Re: Stock Price
As Ramspower reported from the annual meeting:
"Steven remarked that we are getting close to going to Wall Street to tell them our story and we will have some large customers who will help tell the story. Wave first needs to be CFBE."
"Deal with large systems integrator is now scheduled in mid July time frame."
Well, were are essentially CFBE and it's almost mid August, so any of the above events combined with 3rd quarter expections should add upward pressure to the sp.
That's why I'm a little suprised we're not over $1.00, yet. The risk associated with this investment at this price level is next to nill.
Maynard,
I would expect a slow and steady rise over the next three months until we finally get a p/e ratio.
SS stated during the call that we would no longer need private placements to finance daily expenses... only if exceptional growth required it, which would be a tremendous positive, anyway.
I thinks the days of under $1.00 share price are finally over.
What I liked about this CC was that SS was again very forward looking as per the business model. Web services are essential for the future and our CEO has plans for recurring revenues from the consumer sector (machine driven authentication vs. personal authentication).
He's going for it all!
Rgds
It is mighty quiet before this call, though. That is unusual...
Maybe everyone is just sitting back and waiting. Would be nice if we surprised with a black number, but at this point I think something small would have leaked, if that were the case.
Thanks all for the replies & thoughts.
It seemed like a good time to add some more...
- close to having a p/e at last
- possibly no more private placements
- an impending deal with large systems integrator
- government progress
- ISO
- SSD/SED adoption driving TPM turn-on rate
I've also backed up my opinion with shares, because I think the sub $1 days are close to history.
It seems that few are expecting breakeven or profit... we would have surely gone up this week in anticipation, if otherwise.
For once, I thought I played my cards right and doubled my position during this last PP overhang... but if the numbers disappoint on Monday, that may have been another grave error.
Any thoughts out there?
Obama's Big Idea: Digital Health Care Records
http://money.cnn.com/2009/01/12/technology/stimulus_health_care/index.htm
That's great news... should trigger some buying interest from both institutional and private investors.
Up over a dollar!
Nice call, Snackman! eom
Snackman,
Let me get this straight. A couple of weeks ago, a was heavily critized for stating it might not be prudent for WAVX to release news immediately following the r/s because of the subsequent irregular trading and possible liquidity issues.
You and others ranted and raved about how WAVX could not postpone releasing news and demanded that I backup my opinion with substantiated facts.
Now you proclaim that WAVX will not release news until Labor Day because "Wallstreeters are on vacation".
WHAT GIVES??????????
Sincerely or NOT.
So Snackman, How about anwering my question: Do you think it would have been prudent for Wavx to release news the days following the r/s?
Snackman, as you pointed out I used "might" not "would" and ended the post with IMO. I never made any inference that this might have happened before.
Snackman, would you mind articulating how my post is "off the wall". Numerous esteemed posters have remarked all week re. the "off the wall" trading in wavx due to the r/s. Do you really think it would have been prudent for wavx to release news into this environment?
Btw, I have posted twice in a civil manner and have been attacked by you and waverider. (calling my posts "off the wall" and responding "whaaaat ... geeez). Nice board.
Having a news release in an illiquid market might have opened the door for more lawsuits, IMO.
No trades possible on E-TRADE yet