WAVX is a dog...
...a buddy of mine fell in love with WAVX (like many other Wavoids) and, of course, got burned.
I've always said that generally speaking, a penny stock that does a reverse split is a last-gasp attempt, and usually the final nail in the coffin. WAVX had its r/s a good year ago, so it's hanging in there relatively.
And this was another prick tease. I've seen this spike up on news only to lose it all on the same day...more than once.
Trade it if you like, but I believe it's simply a royal pain and not worth the mental anguish.