The most-bearish call on Wave Systems Corp. (WAVX) is almost certainly the work of a few desperate shorts who are doing anything to talk the stock down after a major move higher over the last two weeks. It's a technically sound rally though, and is just now moving above the 200-day average line (i.e. there's room to run). With a big swing back to profitability in the works, this bearish call on Wave Systems is a great contrarian sign.
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