InvestorsHub Logo
icon url

Mighunter

08/22/03 1:40 PM

#7303 RE: rwk #7299

RWK, how do you read this? MIG
icon url

Weby

08/22/03 1:42 PM

#7305 RE: rwk #7299

Spin

Regarding the size of the real float.

I am making some assumptions that may or may not be dangerous.

1. Much of the 12 million shares was purchased as an investment and a long term investment as well.

2. The parts that were not long term were shorted against.

3. The high volume days included institutional buying for very long term core positions.

Of course, I can be wrong about any or all of these assumptions. The key point is that as more and more folks become aware of the potential you write about.... more and more folks buy wave and put it away...... reducing the float and making the next short, buying, squeeze likely to be more stronger than the last. It was not Wavoids trading the 62 million shares nor will it be Wavoids who boost the stock into double digits giving more institutions the signal that this is for real.

If this board couldn't influence the price much for the first half of 2003, it is now totally beyond the power of anything said or done here. I imagine that's one of the reasons it's gotten pretty quiet in Wavoidland lately.

For the record....if I trade at all these days, I've become a trend player. The current trend is down.....where it goes with the shm meeting --- the IDF meeting ---- and (I believe) inevitable announcements by HP, NSM, Infineon, and various other security partners like Maximus, EDS, IBM Global is anybody's guess.....but I suspect their is only one trend for this stock that matters until we learn about our role in Enscub.

Since Awk is on vacation....In his honor...I'll simply say Fact:
Things are Good!!
Weby