Replies to post #131340 on Wave Systems Corp. (fka WAVXQ)

[waverider]

I not selling a share until I can buy that house I want on the Long Island Sound for cash and even then I may wait. :))

[Snackman]

awk, it's funny you mention that. Did you know that 80% of a stock is traded at breakeven?

Let's say you buy a $10.00 stock. It goes down to $5.00. Most will sell when it gets back to $10.00, happy to get their money back.

If the stock goes to $15.00, everyone holds on and then when it slide back to $10.00 they sell so as not to lose any money.

80% of a stock is sold with no gain and no profit. That's the way of the market for the average investor.

[Wildman262]

Awk, it's nice to see a small upward movement for a change. It should be steady and upward as Wave shows increasing revenue and importance in the space.