If it's going to be a success, you won't have to wait until January 29th. Their trials have been terrific. Look to the trials they did last month in San Diego.
If there is a buyout, I think it will happen before January 29th, because I'm pretty sure there will be those that will know before the 29th.
I think the down side risk is low and the upside reward could be huge.
I use the 10% rule. The stock is at $4.00 as we speak. If it goes down $ .40 I'm out. I wish I had had the same discipline with Wave.