edit AWK: edit: ulterior motives?
that is pathetic! everyone here has the *exact* same motive... make a profit via ownership of wavx.
in order to maintain credibility, i post entry and exit points on key trades. the most recent one was a losing trade (down 10%). i posted my reasons for entering AND exiting.
the current price would be exactly the same if i didn't post a thing OR posted non-stop. when i sold @ $4.80, i bought it back around $4.30 & so on & so on...
it is a similar approach to Dudash's "AIM" system & has worked well for me b/c i don't drink the Kool Aid anymore.
more than once (much more than once in fact) i have posted negative views when i was "in" & much more than once i have posted positive things when i was "out."
i have "admitted" that TC is gonna be big IMO & that i do think Wave has a good chance of benefitting from that. and? the fact that revs are being pushed out & Wave is printing more shares is a FAT negative that will pressure the stock for weeks/months.
don't blame me for stating that, even if you don't want to hear it.
the VAST majority of my "complaining" is directed @ Lee. & don't tell me to e-mail the company, the *most* effective means of communicating my grievances is via the message board.
Zen -- i didn't suggest a bunch of "in & out" moves. i pointed to 2 key pivots that the group you cited missed completely. that is not "trading" that IS "investing."
man, some voids act like it's some ridiculous badge of courage to hold the stock w/white knuckles as it drops.
& if i wanted to "bash" i would use a bunch of fake IDs & BASH.
i don't.
& DDD, no, i'm not "salivating." i am pissed @ SKS for not being straightforward w/the shareholders that have kept the company in biz so that he could take a yearly bonus that exceeds Wave's top line!
if he had reaffirmed the earlier stated breakeven in '04 forecast, i would have held.
he didn't, so i didn't.
i'd ***much*** rather see this thing moving towards $5 instead of towards $2.
iggy whoever & whatever you want, the bid will still be $2.27...
1.6 million shares must be wrong & all the SKS defenders must be right!
edit: yep. sold it @ an avg of $2.39 in AH yesterday initiated my sell order & then posted it w/in a few minutes (WHILE my order was pending BTW!)
FWIW oknpv -- i was a big cheerleader when BAIN took a big position in wavx back then... the $122Mil PP saved this company as other dot.bombs went kaboom! it was a ginned up price in a ginned up market bubble & i was so close to selling when it hit $50, but i held it & to my dismay lost hundred of thousands in gains & suffered some really harsh margin calls.
i learned my lessons from the bubble. some here still think it is treason to take a profit (or cut a loss as i did yesterday in AH). some also post that they are on the cusp of retirement & have 25% of their net worth in wavx... that is beyond scary!
AND it pisses me off even more when i see stuff like that & i hear SKS blather on about "great opportunities" & then decline to answer direct questions about things like the NEC activation rate in the euro trial.
awk: so it's 1.6 million on UP days & only 800K on down days?!?! also, take a look @ the chart from $5.24 & count the volume... it exceeds 60 million. some newbies took a massive BATH on wavx this summer. i'd bet that the last remnants are still clinging to the shares praying to get even (which makes the $5.24 point some hefty resistance if/when it gets there again). JMO.
