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Thursday, 02/23/2006 4:36:29 PM

Thursday, February 23, 2006 4:36:29 PM

Post# of 249400
Today's trading. IMO the same pattern for the past few days. Total trades were 350, avg trade size=1315 sh. I know many trades are really partial fills of bigger activity so I wonder how many traders were actually in Wave's market today. Number seems small to me. Does the entire world trade thru the US exchanges or are we still on Frankfurt? Seems to me that there arent many participating today but are trading in fairly good vol, esp if it's additive over time. Who will emerge with all this stock? (if it ever surfaces) With such a limited SP range. I cant see this as a sell-off but more like moving shares to stronger holders.

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