Wave Systems Corp. (fka WAVXQ)

[zen 88]

mongo- Volume, IMO, means nothing as a

predictor any more with Wave. Volume can still be viewed as a good thing, but after trading 130,000 on July 30th, to 19,000,000 the next day, all bets are off. There was a late surge early this week also, then nothing. I took it as daytraders on Friday, who didn't want to be either in, or out, over the weekend.

Zeev and Larry Dudash and 100 others like them are trading this thing like crazy. There was enough 'real' buying after July 31 to sustain a 200% increase, but the traders will rule until we have more substantive news. Notice the lack of Trance on the other board. If you remember, back in 2000, from January to April, during the big run-up, Trance posted only about 100 times. He may be one of the biggest traders of all. I hear he even boasted on another board that trading Wave was like taking candy from the proverbial baby.