bunnyman,,,potential WAVX buyers & whoever,
i only hope that it is THIS BATCH of shareholders that reap the rewards of WAVE's efforts......
i may get lambasted by some for what i'm about to type,,, but...it is what it is.
I realize,,as Snackman has stated repeatedly, that this is a very risky investment (DUH~~ its under a dollar stock@!!!)with exciting potential.
I'd like to share a few experiences I've had with Stocks;
Williams Telecommunications (WTEL ?), a spinoff from Williams (WMB) was in financial trouble even though their technology was EXCELLENT and sales were STRONG. When the stock was trading in the 2-3 dollar range, (after the TELECOM BUST) the CEO made a public announcement that Wiltel would NOT go into bankruptcy. It was headlines in the paper. It caused me to add to my losing position. Less than four months later, they filed. The shareholders LOST EVERYTHING.
Now, the stock is doing just fine, out of bankruptcy, and the 2nd round of shareholders have done/did very well with their investments.
After this occurrence, Williams, WMB, started tumbling, a fallout from the ENRON DEBACLE and energy trading. Williams is HUGE in the Tulsa community, where I live, and the stock dipped under a dollar to the 80 cent range. Had it NOT been for my recent experience with WILTEL, I would have thrown some money at WMB,,,but was too gun shy. The stock now trades at 17-18 dollars.
My last experience is from NUANCE (NUAN), speech recognition company that IPO'd several years ago but recently had been having financial struggles even though their product kept winning awards, and getting sold. It dipped a few dollars down into the two's before getting bought out a few weeks ago at nearly double the price, and now trades around $4.50.
With regard to WAVE, I sense these three scenarios are ALL possible to a certain degree....and show what COULD happen to WAVE.......... maybe this post can help ONE potential or current WAVOIDIAN understand a ltitle better where we stand right now...
now if we just knew what the future held....nah,,,never mind, we wouldn't buy or trade stocks,,,we would BUY THE RIGHT LOTTERY TICKET!
kantbleveit
Feel yourself being quietly drawn by the deeper pull of what you truly love.- Jelaluddin Rumi
