Wave Systems Corp. (fka WAVXQ)

[Chowder]

JK57, I don't think a PIPE is coming shortly or ever again, though I have been wrong many times. Wave has revenues that have been increasing substantially for many quarters, and while they may not post a positive eps next CC the cash flow is rising nicely.

The short interest is another story...I would like to say it is nothing more than someone betting on another horse in the race, that the short side adds liquidity to the market, etc etc. I do think the SP has been maneuvered in the past. However, in this circumstance, I think it is nothing more than those betting against the overall market given the incredible goings on overseas.