Yahoo is showing the last trade as happening at 4 pm today, even tho it is not quite 3 pm (EST). That makes me think, Wave is all done, at least for the day, but prolly for all time--at least as we have known it.
I find the seeing of the halt in Wave trading, that some are interpreting as a good sign--that the company's trading halted because the news was so good!
How, at this point, can anyone see the inevitable marks of a dying company as a giant, surprise goody package for the shareholders?--I can't get my arms or mind around that. No Q3 billings; accountants quit; skipping out on the rent in Calif.;...there's so much evidence, IMO, not only is the news not good, it is cataclysmically bad.
Even the erstwhile leader of the hard-core supporters raised the white flag to his followers. He thinks it is over and has for a month, he said. This is significant, IMO.
When the last of the tightly-bound loyalists desert the ship, the ship is in trouble. Because, IMO, it was these big shareholders who kept their shares "in strong hands" without selling, despite the many reasons to do exactly that. And that provided a stable base, no matter how poorly the company performed.
Now, it appears that loyal group is trying to either get out for a penny or less on the dollar, or just go down with the ship because their shares are worth so little, anyway.
Waiting like everyone else for some sort of statement from Mgt or the BoD. Their prolonged silence in the face of what appears to be implosion, is shameful, IMO. It reeks of self-dealing.
The reason for the silence, IMO, was to let Wave drift on with the current as long as possible, in order to collect more bonuses and salaries while the Wave ship slowly sank. If that speculative scenario proves true, I sure hope some of those who lost their shirts will sue.
Blue
