alea - dilution at these prices is suicidal, and to die voluntarily is irrational surrender...so, the only choices are closing deals (now!), or a merger/selling Wave.
It feels like Wave is a voodoo doll being skewered by an alternate force :)
Wave may be doomed to both dilute and then die. I would expect a last gasp funding which will drive the SP down further, spooking all the horses left in the corral.
Does anyone know if today's closing is the historical low of all time?
There was a bit of bunching up around the exits today. It has the feel of an exodus. Orderly, so far.