Isn't it interesting how little interest Wave is generating the day before an important Q3 earnings report?
In days gone by, the number of posts just before and after a CC were numerous on all boards.
Does anyone think the lack of posts the day before the report indicates confidence in Wave as an investment?
Our new CEO has said he can not give guidance. Personally, I would rather hear silence than hear a sack full of lies about big progress, the way it used to be.
On the other hand if the numbers are as bad as most of us think they will be, a long silence following a bad report will not do much for the share price, IMO. That scenario will allow the numbers to speak for themselves in the absence of some sort of statement of hope for the near future.
The SP is already perilously close to the de-listing minimum of a buck.
A handful are expecting an upside surprise. That would be nice, but hardly realistic, IMO. In my 19th year following Wave, there has never been news of substance from the CC that I can recall.
I can wait until tomorrow afternoon to see what the numbers are, but if I was holding a huge block of shares, I'd be nervous. We are more than a third of the way through the last quarter of the year--and nothing out of Wave HQ. I think even us pessimists were expecting something by now. But, nothing.
I would hope the new team can give shareholders something other than a hat full of disappointing numbers followed by no guidance. I would think Friday will be a most interesting trading day to watch.
Most of us agree only sales will lift Wave out of his penny stock category and that is exactly what we have not been seeing.
Here's what we know: One modest sale (no numbers included), "dozens" of pilots having potential down the road--but nothing imminent on which to base hope for the near future. After the long dry desert we have been traversing, this is hardly welcome news. It's more of the same, without the lies.
Each day slipping by with no news is another razor cut to CEO Solms's credibility--based on his statement we would begin to see signs of a turnaround in the third and fourth quarters of this year. This year has but a month and three weeks left in it with no visible signs of anything different under the new regime.
Solms has been on the job now for more than a year and Wave has yet to announce a significant sale--not one. Doesn't hope need at least a tiny toe-hold to support it?
IMO, it does not only not look good, it looks decidedly bad.
Blue
