Wave Systems Corp. (fka WAVXQ)

[SPIN]

yaya...

unless of course Wave mgmt carries D&O insurance coverage & the litigators couldn't care less whether the corporation is insolvent by the end of the case or not...

inferring that the presence of class action claims is somehow a bullish sign b/c it must mean that Wave will be rolling in cash someday is sorta circular wavoid logic to justify holding the stock IMO.

if things are in fact so bullish, how do you explain the way the stock has been acting, especially during the frothiest part of the hype season?

btw, many D&O insurance policies have exclusions for willful conduct, some also exclude reckless conduct - fwiw.