InvestorsHub Logo
Followers 48
Posts 1984
Boards Moderated 0
Alias Born 07/23/2003

Re: howardjoel post# 176720

Tuesday, 03/24/2009 7:36:39 AM

Tuesday, March 24, 2009 7:36:39 AM

Post# of 249237
Howard

You have been following this stock for years and years. By now I would think that you would recognize that there is little to no or even a negative correlation between Wave's short term stock price change and the general markets. Wave is all about specific risk and maybe loose lottery money for some. Given the economic upheaval, there should be no connection to this short term bounce and Wav's share price changing. In the same manner, if Wave announces some big success it will go up even if the market goes down 5%. That has certainly happened several times and I don't recall you and Kev pointing that out. Again this is specific company risk.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.