Wolfie: You may not like the message, but it is factual. Wave is not staring at a kindly face, nor is it likely to reverse course in what appears to be the short time it has left.
I've followed this stock for almost 20 years and want to see it to its end. I got out fairly recently and every thing since, confirmed it was a smart move best made a lot sooner.
The more you look into Wave's sordid history and abysmal performance, the plundering, the ineptness--the worse it looks, if you are an investor.
Match statements against results. 26 years without a profit is a stunner in its own right.
See what has kept Wave afloat all these years--years where they once raised $122 million in one funding--and spent it all on foolish, drunken sailor buying gaining the company nothing--they just went through $100M!!!!. Plus, an extra 22% for good measure.
Wave, IMO, can not stand up to the most casual of examinations.
The power of myth and the strength of greed are awesome to watch in action.
Blue
