Believeit
I've been expecting Waves' rise for some time now, that is why I kept adding at every chance. Now I expect many traders and those who were caught out of Wave are just as concerned as the shorts. I've been very constant in my opinion and also about my poor timing. Everytime one makes a decision, there is the chance of being wrong. After I make the first decision on "the stock" that I love the long term prospects for, I only have 2 decisions left. By buying and just holding I now only have to make 1 more decision, when to sell. Timing is tough, so I just keep adding to get my average shareprice as low as I can. Selling is more difficult!
Next week I expect continuation of the trend. Volume was strong, right to the end. Whether it was shorts covering, naked shorts being forced to cover, news about a potential contract or one of perhaps another 6 potential events, who knows. Probably a combination of many things. These conferences that Wave attends spreads the word and puts Wave on many investors and institutions radar. Wave has many followers and TC is now at the forefront. After BRCM's willingness to pay a little up front money, the prospects of both sets of warrants being exercised, (albeit in the future) and all the progress made over the last year, Waves' shareprice hasn't reflected any of this progress until last Friday. Progress continues and I expect that the corner has been turned and hopefully Waves' shareprice holds and forces those on the sidelines to pay up. The games will still be played, but now the trend is up, traders will be getting caught on the wrong side until they realise that the game has changed! I mentioned that one day everyone would decide it's time to buy! A week ago I posted this:
Posted by: wavxmaster
In reply to: Weby who wrote msg# 116734 Date:4/13/2006 1:16:42 AM
Post #of 117760
Weby
It is optimum to try to catch the bottom, but not having the required ability to see the future, I try to add on weakness and when I feel "lucky". Luck, like the ability to catch the bottom is only realised in hindsight and the fullness of time. Evidently we've underestimated Count Blacula sixth sense!
If Wave trends lower then I'll be able to try once again, but if any number of announcements comes out in the next week or two and sends Waves' shareprice trending higher, then I know I got lucky! I have no doubt of Waves' success, just not the extent and the timeframe. We all know that progress continues and that the bottom will be made within the next few weeks or at most another couple months. My average has dropped steadily as my position has increased dramatically. If Wave takes another hit, then as far as I'm concerned, my profit will just be higher, as I will add once again. When the flashpoint hits, Waves' shareprice increase will possibly be in the form of a substantial gap up. When and if that happens, those sitting on the sidelines will be in the same buying position as the MM's, the traders, the momentum players, the average retail investor, perhaps a couple institutions, the Wavoids who would just like to throw a little more gas on the fire, and the shorts!! The big difference being that those on the sidelines, having the requisite information to make their risk/loss decision earlier, will and should feel like idiots!
This was posted on April 20th:
Posted by: wavxmaster
In reply to: None Date:4/20/2006 1:18:07 PM
Post #of 117759
Where are the traders? I can't get my order filled @$.69! You can always buy back next week in the $.50's!! Maybe even at $.49 LOL
Wavxmaster
Posted by: wavxmaster
In reply to: oknpv who wrote msg# 117396 Date:4/20/2006 1:31:23 PM
Post #of 117759
oknpv
I'm hoping and hoppin! Still waiting for the last 500 @$.69. I might buy more if it does trade down due to delisting, but no matter what, 2 years from now it will all be good! Next Friday is the Red Chip Conference and I'm sure that it will generate some buying . Wave is one of the featured stocks, and South Florida has a lot of "CASH" that is disposable for investments. Real estate has slowed, but there is still a lot of money looking to go to work!
Wavxmaster
PS Usually this is a slow part of the day with prices trending down during the lunchtime. Figures Wave would be trading up, but I'll not complain!
