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wavxmaster

08/22/03 10:40 AM

#7269 RE: IAMSAM #7267

Iamsam
Good point on those who purchased above $4 or $5. I do think it is a little naive or risky to think that a stock that traded at $.84 and climbed 500%in a few days would or could hold that much of a gain! Those who bought there were either momentum or day traders for the most part, I think. I find it hard to believe that someone who had been invested in Wave just prior to that spike would of thought those astronomical percentage gains holdable. How many of those stocks that are screaming today can boast to be up 300% over the last month? Not many I bet. I did have friends and family buy in the $3.50 range though. Then again, those were the same ones who didn't want to buy at sub $1!! We still have to much time before revenues and earnings begin, for my comfort. I've waited 2= years, whats another 6 months?
Keep the faith.
Wavxmaster