Jenn posted a link to an article about WAVX, a company which he thinks is in the same boat as Loch/CDEX- 300 million spent on tech development, not a single profitable quarter in 8-9 years and a clique of loyal followers.
I came across this loyal WAVX poster that sounds amazingly similar to a CDEX loyalist, one that still claims to be "cautiously optimistic":
Posted by: Snackman
In reply to: kantbleveit who wrote msg# 138094 Date:2/24/2007 11:16:40 AM
Post #of 138118
Whoever wrote that post you just put up, is no one I know. I am not aware of any PMs going around to anyone, at least I never got one.
For all the longs that I know, not one share has been sold in the past two weeks, not one share.
The "other" are in for a great surprise soon, in my opinion.
Do not let anyone influence any of you into buying or selling. This is something you have to do on your own. It is your responsibility. If you win or loss it is your judgement that must make the call.
Much of the anger from the others is because they made the decision to buy Wave and they are in the hole at the moment. They NEED someone else to blame for their decisions. They are not mature enough to accept responsibility for their own actions.
The downward pressure right now is because there are no buyers. To be a real sell off you need millions of shares traded, which is not happening.
I think there is continuing shorting going on and that the market makers are buying all they can at these levels at wholesale.
We shall see. We are either right or wrong on this investment and which ever way it goes it was our OWN INDIVIDUAL decision to buy this stock, hold it, or sell it as a gain or a loss.
I am very excited for the future for Wave. I believe the next nine months are going to be very exciting for us.
I have made MY decision to wait it out and watch Wave grow. I think it's going to be very exciting and I truly believe it is a done deal now, once Seagate starts delivering in the next week or two.
LOL!!! This reminds me of the Seinfeld episode of "bizarro world"
