me too bud, but it'll be mitigated
IBM presumably approved the PR (so no lost credibility there). DJ hack confirmed Intel "deal" (no lost credibility there). Wave still has the cutting edge w/Trusted Computing (no lost credibility there).
I doubt highly that the SEC review is related to significant problems.
one day closer to retiring the series H_ell (one of my biggest worries, btw). 15 out of 20, remember?
one day closer to triggering the future right to call warrants ($4+mil).
lots & lots of investors, traders, etc. WaveXposed now.
TCG gorillas that *know* Wave got a raw deal w/the DJ/CNBC coverage (no lost credibility there).
Ability to raise additional capital is higher than it has been in years... smart VC types will know what the picture looks like & will due DD similar to Intel.
the lost credibility is w/the financial press & know-nothing trader types that don't even care about the fundamentals (as long as a stock is moving).
New guys like Zeev & Larry are kicking the tires. I'm confident that a bunch of that group will come to understand what Wave is accomplishing & will put their capital on the table.
the stock needed a pull-back anyway to go to higher highs... this just acts like a time-compressor & in a way, gets the necessary digestion out of the way faster IMO.
Wave's challenge remains the same - execute!
if they focus on that & accomplish their objectives, Ellen Sheng will eventually be proven to be a total hack.
if they focus on that & accomplish their objectives, the financial press will do an about face & write gushing stories.
i'm also glad it ran out of gas before it spent much time in the $5s -- doubt many got into margin & doubt that many retail shorts got a crack @ it.
those are HUGE positives. Wave has a chance to reverse all of this BS by executing their business plan & deploying in significant numbers.
The SEC delay allows more things to develop before we get some detailed commentary (also good).
There's a lot of sliver in the lining... AND Ellen Sheng *will* be outed as the bush-league hack that we already know her to be.
Ohm Namah Intel bro, Ohm Namah Intel.
SPIN
