2b my thoughts exactly. Out of the 50 million float I would say there are at least 30 million that are in sure hands like you and me. That leaves about 20 million in the 'real' float. As more sure hands buy in the 'real' float deminishes.
The market goes up and down on supply and demand. As the float gets smaller and smaller and the demand gets bigger and bigger there is only one way the stock can go and that is up.
In the past three years we have had the opposite happen. With the validation of Intel and the guaranteed business of Intel, NSC, Infinion and hopefully IBM soon, Wave is now for real.
After the action of the last two days, don't think that Wave was not looked at over the week-end by major players. Wall Street had literally never heard of Wave until last Thursday. I doubt there is no major house today, that has not heard of Wave Systems.
I remember the day we moved $10.00 plus in one day after the AMD announcement. Of course that was during the bubble and we can't really count that. The market was not there yet even though we had the technology. Things are different this time around. The market is here now. HP and IBM are the first to enter that market. One year from now, a short 12 months from now, I predict that every CPU sold will have trusted computing. I also predict that we will be involved in everyone of them. We are the glue that holds it all together.
The share price will be very volatile over the next few weeks and months. Don't get caught up with the day to day movement. I know it could be discouraging to see us move up $2.00 and move back $1.00 before we move up again. This is healthy for the stock. As long as we can keep making higher lows we will move up substancial and it will be for real.
I see us going to $7.00, back to $5.50 up to $9.00 back to $7.50 and so on.
For all the longs that have suffered through the past three years, just sit back, relax, let the market do what the market always does and watch the real value of Wave grow. Trade if you must, but just remember that $10.00 day we had a few years ago. If you don't want to miss a move, just stay long and let the traders do their thing.
Snackman
