After studying the company - I think $2.00 is pretty cheap and that the upside - over the next several years - is a lot more than $10.00. Even with reported 80 million shares - and what is it 20 million more - once the sales pick up - profits drop to the bottom line pretty fast. Just look at the revenue and margins of MFE, etc.
I don't know why the sell off has been so severe - but at this time, I am inclined to weather the storn - accumulate a few more shares if they really hit it - and wait for everything to shake out.
Did SKS buy the patents because he thought all this might happen? Are they really valuable to Wave? I don't know any answers - but do not think all the work that Wave has done will end up worthless.
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