Wave Systems Corp. (fka WAVXQ)

[Dory]

DRM, I'm having fun again, too. Yesterday I hit breakeven on my investment, after buying a ton of shares at less than $1.00 to make up for the ones I bought at well over $10.00 (pre reverse-split -- i.e. over $30.00 per today's shares). Of course, "breakeven" ignores the time-value of the money that was invested in Wave for years and, until yesterday, returned nothing.

So what did I do when I hit "breakeven?" Sell, like 80% of the folks according to what Snackman read? Nope. I "doubled down" at between $1.55 and $1.60. I'm all in. "Recovering" the money that had been invested in Wave and languishing for years inspired me to risk more, not snatch it back. I may be a fool (hopefully a lucky one), but I'm certainly enjoying my foolishness. I wouldn't be surprised to see us trading over $3.00 tomorrow, even with no news but just based on the past week's action, and I certainly expect to see the threes next week. With good Q3 revenues or a major announcement it's a short path to over $10.00 and then up from there. A market cap of $100 million for this company is ridiculous. It's worth (or soon will be worth) ten times that.

JMHO

Cheers,

Dory