You know the claim that when the price drops it's a buying opportunity.
It's surprising but true that actually buying now is a better long run bet than all those previous opportunities. Not because the current opportunity is so great but that knowing what we now know, the other "opportunities" were even worse.
It really is incredible the amount of twaddle that has been vomited into Wave's supposedly safe harbour. To sell stock, of course.
The judge who excoriated Wave's use of its forward-looking statements to mislead shareholders had management's number better than anyone. It was their defence, after all.
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