You said:
Various people had posted hope that the launch would foretell good things to come. It didn't. People had also hoped the last Craig-Hallum conference would offer up some meat. It didn't
How do you know the launch of the VSC did not happen? They could have closed many many deals in Q3, and the sale either did not warrant an 8K, or Wave was restricted by the companies they dealt with, because said company, or companies, did not want their security solutions made public.
Why don't you all wait and see the results of Q3? I think you are going to be pleasantly surprised FOR ONCE.
In my opinion, Bill is a straight up guy. He is going to let actions speak for him instead of words.
I also believe that once Wave has a couple of steady quarters under their belt, Bill will start giving us some guidance. One needs to see a trend before guidance can be given.
Yes, the stock price has drifted down. According to the volume (low except for one day last week) there is no interest, no buyers and no sellers. The stock goes up and down on supply and demand, and right now there is no demand.
Bill has less than a year on the job. He told us up front that it would take 3-5 quarters to turn this ship around.
A little more patience until the Q3 results come out are justified in my opinion.
If Q3 is as good as I hope it's going to be (because I believe a lot of VSCs were sold) then Bill's prediction of 3-5 quarters was accurate.
If we come in with less than two million in the red for Q3, then I believe we will see breakeven in Q4. And that will be the first time in Wave's history.
When breakeven happens, just watch what happens to the supply and demand of the stock then. There is also a very small float out
there.
Yes the Bell ID has not been finalized yet, but Bell ID NEEDS US as much as we need them, for the certificate Wave can provide.
Bill never promised a firm date for the finalization of Bell ID, he said he hope it would be done by now. Apparently it will take a few more weeks to complete, but it will get done, as per the above paragraph.
Look at this way: If SKS was still in charge, you wouldn't have to worry about the share price, because Wave would probably be out of business a year after his firing.
Everyone talks about gaps being filled. Well we have a gap between $1.90 and $2.30. It will be filled, as all other gaps have been, at some point in time.
Investors put up almost ten million dollars at $1.90 a share. They were given guidance before they put their money down. There must of been a pretty good reason why they shelled out ten million dollars.
Wave went back to that conference this past week. Many came up to Bill and asked him if he was there for more money. Bill was was very up front and told them that he not need any more money, and that he was there just to keep in touch with investors and analysts.
I am willing to wait to see how Q3 and Q4 come out. Bill did say the second half of the year would be much better. If Q3 and Q4 do not do as he said THEN AND ONLY THEN will I hold his feet to the fire.
Let's see what happens in the second half of the year before we bury him.
After 20 years, another six months for Bill to turn this company around, is not asking to much, in my opinion.
Many have already buried him because that is what they do. I say let's see what the numbers are for Q3 and Q4 before we do, that's all, is that asking to much?
