Internet: I didn't say "large shareholders" I said " certain investors" and I didn't say " sell" I said " get out". By getting out I mean that they aren't adding to their position or selling. They're refraining from activity, getting out of trading on the whole with respect to Wavx.
Regardless, today, there were ~190k shares traded and an almost .20 cent move lower. Right where I said it would be. Just a bit sooner than I thought.
I understand someone who has been patiently waiting for 12 years deciding to wait a bit longer, fortunately, I'm not in that position. (by that I mean I've been fortunate to own investments that have outperformed Wavx over the last 10 years)
I'm here now because I believe Wavx is finally at an inflection point where it's either going to run much much higher, or it's going to " break the buck" and never come back.
I believe it's going to run, I was thinking that would occur this quarter, which is why I got in when I did, however I'm now convinced wavx is going lower at least one more time before the run. That's OK with me. That's why I sold and I'm waiting for the post CC bottom. Hoping to buy even more shares at an even lower price.
It's all about making money. I'm not a Sprague, I don't work for or do any business with Wave and I'm not trying to prove to myself that my 10-12 years of patience was justified, that allows for some very dispassionate thinking.
I agree with you that 190k of volume is "light" but it doesn't explain a .20 downward movement. Heck earlier this week we saw a 124k day, and the stock was flat. Go figure.