Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

A Bitter Pill...What's happening is the share price is reacting for the first time on a financial basis only IMO. There will be no Sprague whisperer to the rescue this time.

There is probably a direct correlation to the saltiness from some of the longs with this drop. I think for some this might be the first time they are taking a very real look at the losses they may have sustained in this equity over the years. They were always there just not couched in the hype that would be hurled from the confines of the horse farm.

Hard lessons to be learned here for sure. The takeaway for me almost 9 years ago was there are plenty of opportunities to make money in the markets. There are no reason to chase anything.

When there are individual shareholders that have larger holdings than some financial institutions and those within the company that might be a red flag.

Hind sight being twenty twenty, would a strategy of sitting on ones hands until some sales began to materialize been a bad plan? Has anything changed to see it any different today?

I still see CFBE as a goal, but I warn the wavoids to look at how they get to that point. Is it by revenue or reduction of cost- a huge diffference in my book.