If the folks who bought thousands of shares at $0.15/share thought it was a bargain, why isn't the current price of $0.08 almost twice as good? Volume a little low for shares available as low as 7 cents.
A quick visit to St. Elsewhere reveals a lot of folks realizing they have been waltzed around the wisteria vine by both of the last two Wave CEOs.
Many accept the losses, but there has not been a single mention of how they got so far off the logical path and so deep in doo-doo before they realized the jig was up.
One over there posted he wished there'd been some warning most of what they had been fed was meadow dressing. Gosh, if one had bothered to read a board where both sides were represented, maybe it could have been different, but I doubt it.
One fellow who claims shares numbering in six figures, basically shrugged his shoulders and said he will ride her down to the bottom. That takes a mindset few have. Not sure courageous is the right word. If it were mine, I'd see 08 cents better than nada, but hey, I was never good with sums.
So many deadlines are coming up for Wave in a matter of days. So many tethers are tightening, one wonders will Wave live to see February? IMO, not--at least in the form we have known Wave.
But for all who have watched this long, slow-mo train wreck--the end is surely near. If there was hope, I expect mgt would be trying to lift spirits a bit. IMO, it is safe to assume by mgt's silence, no big contracts have been signed or are about to be signed.
And because of past lies about phantom deals, if mgt said deals were on the table about to be signed, few would believe it.
From this vantage point, it appears nearly certain, IMO, Wave is headed to the pinkies and oblivion soon after.
Blue
