Twinkie Dinkie: Glad to put a smile on your face.
You put a smile on my face, too.
"Bluefang, where does it say that every milestone that a company achieves has to be validated by a surging stock price?"
That is of course, a fair question. But if I may pose a question in reply, shouldn't a company's progress towards its goal be reflected somewhat in the share price? There may not be a surge, but generally, one might expect a gentle and steady rise, right? Particularly, after a long dry spell, when some objectives, finally, after being promised for so long, appear to be being met.
Instead, we have been treated to the opposite. We have seen a slow and steady erosion of share price, while simultaneously shipping product and occupying that important real estate on Intel's chipset.
Actually shipping product after claiming to "next quarter" is in fact something to be marked as definite progress. After all, if the product is not out on the market shelves, it can not be sold. On the other hand, just being on the shelf, does not guarantee success either. It may be too expensive, too difficult to use, too anything for it to gain traction in the market.
That's why we look to the share price for a little preview of what the smart money thinks. If they are buying, it's a good sign. If they are not, it's not so good. Granted, the smart money is not always smart and it is possible to overlook a small company with an important product. However, a good product has about itself, a buzz that precedes it.
IMO, sitting here from afar, Wave is lacking that buzz. This is in no way an indictment or a final verdict. It simply may be inertia has to be overcome. It may also be that Wave has been coming to market for so long, its actual arrival may be anti-climactic.
If it takes off, I will be the first to admit I was wrong. But, if it does not take off, if it stalls and even falls--what will you ladies in the cheerleader outfits do?
Will you say, "It was a good try and it should have worked, but it didn't. Too bad." My guess is not.
What I expect to hear from you, is that the worldwide conspiracy to stop Wave by the consortium of market makers, shorts, journalists and bashers has succeeded in the short run. And just as soon as the Spragues sell some more shares, vote themselves another round of bonuses, hire some more relatives, they will be back into the thick of the fight.
The true beauty of being delusional, is that nothing is ever your fault; nothing is ever over, even when it is; nothing means what it appears to mean, in fact it may mean the exact opposite. In this context, failure is seen as proof of success.
If this shoe is uncomfortably close to fitting, try some reality therapy. Stop making excuses for poor decisions, bad judgement, a lack of strategy and the squandering of cash. Even these harsh measures may not be enough. Kool Aid is the opiate of the asses.
As I enter my seventh year of waiting for this stock to take root and flower, I think I can be credited with having the patience to see things through. And it should flower, because it is a good idea. And think of all the fertilizer used on this product!
Bluefang
AI
