alea, I agree about taking it easy on Feeney.
And folks shouldn't forget that SRA has been very good indeed for Wave. And Feeney may deserve some credit for that find.
I consider SRA to be "Wave's investment banker". While this description may not be entirely accurate, SRA is worlds better than the previous firm Wave had to use, where the only deal was placing the short-term "players" into the placements.
Getting a firm like SRA to take Wave's business meant Wave having a compelling business models such as the Dell licensing agreement and a future with the Seagate drives, and it was precisely those models that brought SRA on board. It was too early before and that's why Wave was stuck with the other firms. And SRA has done very well by bringing in real investors, not the "players" of the preceding placements. Yesterday's 1.10 was a little brutal however...it could be SRA had to settle for some participants that are more of the "player" variety.
And the investors SRA has placed in the placements as well as investors who at least have Wave on their radar even if they haven't participated in any of the placements, represent potential buy support for the stock when things finally get going. The purpose of the bi-annual SRA events is not just soliciting for placements, it's to keep SRA clients informed of SRA companies like Wave. SRA clients continue to support the stock. Whose been buying the last two days?!!
AI
