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Re: aleajactaest post# 234150

Friday, 09/20/2013 12:48:35 PM

Friday, September 20, 2013 12:48:35 PM

Post# of 250081
Alea,

true and that is exactly why Wave has a miserable valuation. I was shushed for saying it too much on the other board or perhaps for repeating myself? That said, in banking committee meetings in my past people used to wonder why I had a two pages dedicated to one topic for years (MBS litigation)prior to any issues on the subject. If you don't know, this type of litigation eventually almost help shut down the world economy.

We can glean a lot from the past and I have had teams use it as a great predictor, but inflection points diminish the value of such information.

I have no issue with Wave trying to plant as many flags as possible before the rest of the world realizes there is gold underfoot. In the event this real estate is without value, having more of it will not make much of a difference either way. The opposite is not true.

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