hey tkc, some of this is certainly just normal activity, so one needs to back that out of the numbers, say 1m sh per week total normalish volume. The "new" volume or unusual volume may be around 10m Naz counted shares. I don't know much about the double counting bit, I was under the impression that represents a limit ... that at most every share get counted twice, but that it need not be the case. But if one takes 10m as new volume and splits it some 5m shares were bought. While I get the impression voids are tapped out, I think it would be foolish to underestimate a void. So I'm willing to give voids 1m shares (on both sides), momo folks a million on each side, and speculate that Wave has managed to raise $3-4m. Now back to the Id of the buyer(s)? I can't see a reason to speculate that something dramatic like Sammy is going on ... I suspect its the same folks it always has been. Folks that have played previous placements and so on with perhaps a more committed individual or two good for a couple million of the whole thing. Importantly, I am inclined to guess that this is a result of at least some credibility restoration.
Finally, as memory serves there are some out of the money placement+warrants folks that might have been talked into throwing good money after bad if after meeting with new management are willing to take a flier. They have already gotten the glory pitch from old management so they know the pitch, and might be willing to dabble a bit more if persuaded that CFBE etc will actually be considered an important business objective instead of just toyed with and scoffed at.
The above content is my opinion.
