Bluefang
with all due respect, I think your analysis is simply wrong headed. Wave, with revenue first emerging in small amounts in Q4 and with a strong need for more cash is valued at close to $150 million - more than 3 times what is was a couple of months ago when there was a big question as to whether a product would ever be shipped and if they would avoid going bk. The trusted computing rollout is just starting and all most people know is that wave's premium services to manage TPMs in an enterprise network is coming soon. Relatively large amount of shares have traded over the past months and the price has stabilized in a range.
I know you discount anything and everything that is not public so what is it that you expect. That it would continue going up without any evidence of traction, growing sales and revenues etc. driven by a secret cabal of rich smart money investors.And what makes you think that some people who know what is going on haven't invested in wave. Tens of millions of shares have traded in the month.
You seem quite naive about these matters and have a short term measurement basis of progress/success that I think is flawed.