Replies to post #145235 on Wave Systems Corp. (fka WAVXQ)

[Snackman]

How are they shorting 7 million shares at the current prices?

There has been no volume for weeks now. When did they short?

No, they will be holding for awhile until the stock goes up for them to get any kind of return if that's all they are here for.

If they are shorting at these prices, you would see $1.80 right now.

[trustcousa]

Like I said this company only has till the end of the year to prove itself. The next 9 months are critical in my opinion. Fortunately, they are at the right place now and what appears to be the right time so I will stick it out. However, when this money is gone in about 9 months, the share price will also be gone. This seems to be the year that the Wavoids will either win or give up!

Let it ride.

[Sniperman]

The greater likelihood is that they would have naked shorted at the peak of near $3 a few days ago, and covered via the PP. However, as Snackman points out, there has been no volume worth talking about to unload 7 million+ shares. So the likelihood is that they are still holding most if not all, and need a price rise to make their money. Watch for any price spikes in the near future, probably based on news of some sort or other, again likelihood is that they will sell into them

[Elan Vital]

cygnus, your 1st 2 points were of course correct & no surprise to anyone here.
Why blow it with such a cheesy supposition as "spragues will continue to soak up all this cash".
You end up sounding like a paid shill.

Elan