Wave Systems Corp. (fka WAVXQ)

[internet]

TKC....the initial list of potential changes came out on 5/28/10. One can argue that the MMs may have "guessed" that Wave would be included before the preliminary list came out. Even if they started accumulating from 5/28/10...I would be very hard pressed to believe that they could have accumulated millions of shares to account for what we saw last friday. What is amazing is that eventhough many can describe what takes place every year with the rebalancing...not many seem to understand WHERE all these shares come from. I have yet to see any transparancy regarding the degree by which the MMs go naked to allow for an orderly market.

Sincerely,

Jas