Replies to post #23655 on Wave Systems Corp. (fka WAVXQ)

[24601]

SPIN: There's difference between saying you don't like it and citing it as an impropriety. Did you -- before today -- do the latter?

[UncleverName]

24 -- try going back to the day it was announced (where i posted @ the open that i was a seller precisely b/c of those option sells by SKS & Feeney).


SPIN,

Okay, let’s go back!

You said here that you sold at the open of August 6th.
http://www.investorshub.com/boards/read_msg.asp?message_id=1292183

I would like to know how you knew about the option selling before it was public information. I can’t find any public info that Gerry Feeney had sold the prior day, and btw Feeney did not exercise options. And SKS did not sell until the 6th.

In fact, on August 7th, after the PR was issued, and posted by Vacationhouse,
http://www.investorshub.com/boards/read_msg.asp?message_id=1296687

which opened with, "Wave Systems Corp. (WAVX) announced today that it expects to receive approximately $3.6 million in proceeds from recent employee and ex-employee option exercises and the repayment of a former officer's loan." - this PR details the Feeney and SKS sales, the PS loan repayment and the options exercised by employees - you posted:
http://www.investorshub.com/boards/read_msg.asp?message_id=1297147

In which you wrote:

>>
lesson learned

shoulda bought before posting!

but i don't care - Peter's repayment makes this glass more than half-full IMO.

if they would just reform the corp governance & eliminate the rest of the family biz BS, their credibility would ramp up in a big way.

it already did for me today.

the spotlight is one 'em now & it looks like they are prepared to deal w/it appropriately!

Now... if they have any news arrows in the quiver, a mid-day deal announcement would do wonders to smoke sloppy Sheng's aspersions.

iHub says i only have 2 posts left today... ?!?

gonna be a good day,

SPIN.
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Unclever