Replies to post #240770 on Wave Systems Corp. (fka WAVXQ)

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mmbg, fwiw, I find the post nearly worthless.

I'm not against the post, I think diary entries have value (prediction not being one), the data is certainly true, but I fail to see how it informs an investor about what to do now, and similarly fail to see when such information ever did or does. And certainly I am all for player highlighting it if so inclined, I'm with 24601 on this, player has earned such priviliges.

A similar post could be constructed for e.g. MSFT, and it would show that in the last 20 years MSFT has created a gazillon bazillion dollars of shareholder wealth ... and it is down about 7% on the year last I looked, and WAVX was down about 12%. These values have both likely changed.

So the diary of the fountain of unimaginable wealth creation versus the diary of black hole of wealth destruction "informed" to the level of mitigating losses - one lost more than the other.

Similary one could look at another black hole, e.g. NVAX that has never made a dime and never sold a product and they are up 43% on the year (not to long after yet another round of 10% dilution). (A shameless plug for NVAX).

Obviously in the case of WAVX with a cult following and a buy the IPO and then buy forever and hold forever (amid poetry of rockets and turtles equipped with swiss camping tools and vegas travel plans) the diary at least serves as a record ... but does it inform what an investor may choose to do with money today? Nah.

But the last CC sure did IMO. The last CC acknowledged clearly that the companies forcasting was broken, the intersection between Wave, VSC, and customers was misunderstood, and cash-flow was bleak. I suppose that was a diary moment of sorts as well, but more informative to me.