Wave Systems Corp. (fka WAVXQ)

[Jesse Livermore]

Dave's experience is absolutely inadequate, then. My experience includes three reverse splits, one survived and prospered (CRED), it had a real product (natural gas), two went under (software). That is a success rate of 33% or a failure rate of 66%.

In any event, it depends on the product and the cash position, WAVXD is dangerously low on cash, true, but with a promising product, it can raise cash.

Ergo, the reverse is an opportunity if the bullish story is correct.

Technically, I'd write off this weeks trading post reverse so far. The test will be when the volume reappears. Currently, the volume is insufficient to judge conviction, or lack thereof.

LOL, I'd feel better if WAVXD had natural gas in the ground, but hot software can more rapidly produce profits.