Replies to post #117490 on Wave Systems Corp. (fka WAVXQ)

[wavxmaster]

goepling

Well, one thing we know is that there is money on the sidelines that will chase any announcement. The field in which Wave may receive is vast and geographically speaking, the world is Waves' oyster! The Red Chip Conference should bring some buyers also. Perhaps this is the point in time we've been waiting for for such a long time. As long as traders and investors fear that they might not be able to reposition, the shareprice will hold. I posted this a week ago:

"When the flashpoint hits, Waves' shareprice increase will possibly be in the form of a substantial gap up. When and if that happens, those sitting on the sidelines will be in the same buying position as the MM's, the traders, the momentum players, the average retail investor, perhaps a couple institutions, the Wavoids who would just like to throw a little more gas on the fire, and the shorts!! The big difference being that those on the sidelines, having the requisite information to make their risk/loss decision earlier, will and should feel like idiots!"


Posted by: wavxmaster
In reply to: Weby who wrote msg# 116734 Date:4/13/2006 1:16:42 AM
Post #of 117463



Weby

It is optimum to try to catch the bottom, but not having the required ability to see the future, I try to add on weakness and when I feel "lucky". Luck, like the ability to catch the bottom is only realised in hindsight and the fullness of time. Evidently we've underestimated Count Blacula sixth sense!

If Wave trends lower then I'll be able to try once again, but if any number of announcements comes out in the next week or two and sends Waves' shareprice trending higher, then I know I got lucky! I have no doubt of Waves' success, just not the extent and the timeframe. We all know that progress continues and that the bottom will be made within the next few weeks or at most another couple months. My average has dropped steadily as my position has increased dramatically. If Wave takes another hit, then as far as I'm concerned, my profit will just be higher, as I will add once again. When the flashpoint hits, Waves' shareprice increase will possibly be in the form of a substantial gap up. When and if that happens, those sitting on the sidelines will be in the same buying position as the MM's, the traders, the momentum players, the average retail investor, perhaps a couple institutions, the Wavoids who would just like to throw a little more gas on the fire, and the shorts!! The big difference being that those on the sidelines, having the requisite information to make their risk/loss decision earlier, will and should feel like idiots!