Wave Systems Corp. (fka WAVXQ)

[Weby]

Wavxmaster

For the last few years, I've tried to temper my expectations of rocket like pops. However, I think we got used to such small gains in the days of the stock being priced in the 50 cent and dollar range where 10% was 10 or twenty cents that it is hard to remember that 10% is now half a buck and 10% or even 20% jumps have been typical of bumps up for Wave.

Between normal buying pressure as more people understand the broad range of Wave's position in Trusted Computing, and short cover pressure HAVING to cut in at some point, I'd expect less backing and more filling than your typical stock pattern. The real point about $5 is there's almost no natural resistance points above it unless you go back to the bubble days.

I a couple of July 5's in December so maybe, I'm just being a bit optimistic. I've never played options before, although I got killed with Wave Leaps a few years ago. Never to old to either learn or repeat mistakes.