If prologue has anything to do with epilogue, it could be a mixture of additional financing, rehash of the old news with, hopefully, nascent signs of some revenues, not enough to sustain the corporate entity, but enough to raise the hope of survival. I don't know what is the reason you invest in equities, I do in order to make profits at predetermined risk levels, the greater the opportunity, the greater the risk. I am not in love with any stock, not even a COO (part of my core since, I believe 1999 or earlier), so I take profits when offered and when my stops are reached, I limit my losses (as I did in RMBS last week). I try and determine future trends, it works about 60% of the time, and it appears to be quite sufficient to make excellent returns. I don't expect to make any "major killing" in any one stock (though I don't object when offered, like RMBS last year, an almost uninterrupted run from January 2003 to early February this year from under $8 to $37 or so). WAVX is like any other stock for me, it has a price pattern which is decipherable, it has corporate "needs" (cash) and whenever possible, cash will be raised by bringing the stock up. It i simple capitalism. If there are no sales and profit growth to provide for such prices, the "promise" of such, often suffice. It really quite rational, nothing emotional about it.
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