Wave Systems Corp. (fka WAVXQ)

[toro1]

Better yet - this year you can move money from a regular IRA to a Roth IRA, you can split the tax due on the amount you move as ordinary income at your marginal rate over your next two tax returns. In five years all the money in the Roth IRA is tax free as you withdraw it - no income tax, no capital gains. And if you withdraw it in less than five years you pay a 10% penalty. And if you develop cold feet prior to the end of 2010 you can "recharacterize" it back to your regular IRA no harm no foul.

So in January I emptied a regular IRA containing only WAVX into a Roth IRA. The transaction went down with WAVX at $1.80 per share. I was feeling like a genius when we were at $4.75 - now I'm not so sure I won't be recharacterizing it before year's end.

Best,
toro