Replies to post #7680 on Wave Systems Corp. (fka WAVXQ)

[Snackman]

Mig, that's the point. In NASDAQ stocks they can do it. It is more difficult on the NYSE.

It's a game they play well. Just don't play it with them. Keep all stop losses mental, not material. If it hits your stop loss point put in a sell but don't let them know before hand what you stop loss number is.

[cmf]

Mig:

The trades in question will probably be corrected sometime today. Looks like an error. The stock was trading $2.80 on either side of this block. Either way, DON'T USE MARKET ORDERS...


9:30:00 AM Trade 2.48 100
9:30:00 AM Trade 2.5 100
9:30:00 AM Trade 2.49 100
9:30:00 AM Trade 2.48 100
9:30:00 AM Trade 2.5 100
9:30:00 AM Trade 2.49 100
9:30:00 AM Trade 2.63 100
9:30:00 AM Trade 2.58 100
9:30:00 AM Trade 2.5 100
9:30:00 AM Trade 2.53 100

[SPIN]

OT MIG - step away from the anxiety!

i spent 1L obsessing about wavx & then spent the rest of law school trying to make up for my mediocre first year.

missed out on summa cum laude b/c i was too busy worrying about the stock. was always behind in reading, never did my own outlines, crammed for exams instead of building up a knowledge base.

yer a 2L-night & that is in and of itself an arduous journey & will require yer best efforts, which necessarily includes putting yourself in the best mental posture possible to succeed.

You have chosen to make a serious investment in MIG. much more important than *any* stock IMO & i hadta figger that out the hard way.

Focus on MIG becoming the best lawyer he can, not on whether an MM took out stops like a street mugging.

In three years you will be a lawyer.

In three years wavx will be a LOT higher.

Just let it all happen & focus on the events that you actually have control over & maximize yer opportunities.

This may seem delete-worthy, but really applies to anyone who is obsessing when they should be leveraging every opportunity that exists in their real world.

i haup you make order of the coif.

wavx'll be there when you graduate.

Spincerely,

A formerly mediocre 1L wavaholic.

PS Sully - you present yer case as if the PR writer hadta pull an all-nighter! The parties assuredly knew the terms of the financing weeks in advance & could have been more forthcoming with a potential timetable for conversion. Nevertheless, thanks for ending the speculation.