orda -- my price?
there literally is *no* price low enough for me to take the risk the wavoids are willing to take at this particular time.
but a far as aggressive trading moves (which i no longer make w/wavx), Zen & i have been bantering to & fro regarding some recent calls.
1) around 04/13/04 (at around 2:45 or so), i suggested to D&O that he had a platinum platter chance to get right on some of his earlier bad buys (during a CC coincidentally) & recoup some losses > $2.
2) a day or two later i mentioned that IMO there was no hurry whatsoever to own wavx (for those that inexplicably feel compelled to own it, that is) @ $1.55 (+/-) b/c it would be @ least 33% cheaper in a few weeks.
well, it's been a few weeks & wavx will inevitably break a buck (very) soon IMO & could even dip below $0.80.
it might get stuck down there fer a while b/c My Three Spragues got lots & lotsa paper to float (not to mention some obvious macro bases which are prompting the jettison of so-called "junk" stocks from many portfolios).
there could be a decent swing trade over the next few weeks for those w/a cast-iron stomach, but the risk of something like an SEC-imposed trading halt is far too great for my taste.
good luck!
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