Thursday, February 05, 2009 3:14:56 PM
Micro....re the "WHO"
To be honest....I have no idea...well I have an idea...but I have no facts to substantiate anything regarding the "WHO"
Since the market downturn...it's been very obvious that institutional investors have sold any of their assets and have parked themselves in cash. Pick nearly any stock and their graph look identical to any other major company in the Dow or S&P In regards to Wave, although the total institutional ownership really never got passed 16-20%...the total number of shares was in the millions. Since their ownership has now slipped into the single digits...a large number of shares were brought into the market place. This combined with the ongoing funding rounds created the perfect storm as it pertained to depressing the share price.
Over the past few weeks...a number of interesting developments have taken place that have fostered a feeling that Wave is not only going to reach breakeven status in the near term...but that she was going to be a "player" in the arena of Trusted Computing. I believe that both of these points have created greater investor enthusiasm.
So...what does all this mean?? Heck if I know
....I think that there are a number of longs that have continued to accumulate shares that were being offered up by the various institutions. Additionally, as the Opal specs became public..."new" money could be parking itself in Wave. What percentage of the recent move is from "new" money?......I have no idea.
Do you have any ideas?
Sincerely,
Jas
To be honest....I have no idea...well I have an idea...but I have no facts to substantiate anything regarding the "WHO"
Since the market downturn...it's been very obvious that institutional investors have sold any of their assets and have parked themselves in cash. Pick nearly any stock and their graph look identical to any other major company in the Dow or S&P In regards to Wave, although the total institutional ownership really never got passed 16-20%...the total number of shares was in the millions. Since their ownership has now slipped into the single digits...a large number of shares were brought into the market place. This combined with the ongoing funding rounds created the perfect storm as it pertained to depressing the share price.
Over the past few weeks...a number of interesting developments have taken place that have fostered a feeling that Wave is not only going to reach breakeven status in the near term...but that she was going to be a "player" in the arena of Trusted Computing. I believe that both of these points have created greater investor enthusiasm.
So...what does all this mean?? Heck if I know
....I think that there are a number of longs that have continued to accumulate shares that were being offered up by the various institutions. Additionally, as the Opal specs became public..."new" money could be parking itself in Wave. What percentage of the recent move is from "new" money?......I have no idea. Do you have any ideas?
Sincerely,
Jas
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