beta = 2.01
Ramsey, you wrote:
"eventually, WAVX will become extremely volatile!"
what is it now?!?
today's semiconductor spike might portend for a macro consolidation in tech on the horizon. [edit: @ 12:25pm Ralph Bloch on CNBC called the SOXX spike a "blow off top" w/a 1/3 retracement expected].
notta good time to increase the float by 20% IMO, unless yer a well-heeled wavoid waitin' for a deep-discount entry point.
Wave might be able to gin the price up in the short term w/PR (though IMO HPQ & AMD are almost "priced in" for the voids that know the story).
The MMs are playing their games & every rally has failed in last few weeks & we're seeing lower highs & lower lows every day & (almost) every day's range since the CC involves a fakeout breakout & then trends @ the day's low until end of session & then is pushed lower @ close.
the "trend is yer friend" theory currently applies only to those waiting to cover & those waiting to grab cheaper shares.
ironic that the shorts & the longest of the longs sorta share the same hopes right now...
IMO none of it'll matter in a year, but fer now the trend has been one of "distribution" w/no end in sight & 12-14 *million* new shares potentially on the selling block as daily volume decreases.
Again, IMO none of it'll matter in a year...
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