Wave Systems Corp. (fka WAVXQ)

[mymoneybgone]

To coattail off that, one needs to look in the context of who holds the shares. The hardcore long time longs aren't selling, they are going to hit it big or lose it all. Not enough institutions interested with a big enough holding to be making a move on either side of the trade. The bigger question would be how low would the price if the buyers, who were the tax sellers before the calendar year, were not there?

Without the dribble coming from wave's ceo there isn't any false interest being drummed up and you don't have the steady flow of shares from the ATM that were available in prior years...which is probably bad news if you are long and holding tight because those are probably your shares now.

What you are left with is a stock prices being dragged down by any volume, and without the nudge and wink any positive PR without dollars probably allows the price to tread water or move slightly higher.

The action here looks a helluva lot like an OTC penny stock to be honest.