rach, as a recovering wavaholic, things look different through shattered rose-colored lenses.
such sobriety leaves one w/the "fool me twice, shame on me" mantra.
lost a substantial amount of money in wavx back in 2000 b/c like many here, i held & held when i shoulda bailed b/c it was always just another 2 Qs away.
it now appears that mgmt has acknowledged that they were nowhere near success back then, but you can bet that damn near every wavoid though differently b/c of the HYPE.
SKS even went so far as to publicly reaffirm a $19M rev forecast to the GROW analyst that was proven to be ridiculously wrong & he did so @ the end of the pertinent period.
& that requires no IMO.
it is a FACT.
PS as for "more skeptical than one can be," i'm not holding any puts, nor am i short...