Replies to post #50620 on Wave Systems Corp. (fka WAVXQ)

[wavxmaster]

Snackman
When things are at their worst, things have no choice but to get better. I guess things could stay the same, and that could be worse!! LOL I think there will be one good flush before the bottom is set, and I'm waiting for that inevitable 'vortex'!!
vor·tex ( P ) Pronunciation Key (vôrtks)
n. pl. vor·tex·es or vor·ti·ces (-t-sz)
A spiral motion of fluid within a limited area, especially a whirling mass of water or air that sucks everything near it toward its center.

Wavxmaster

[player1234]

Snackman - Well, I gave up on "brokers" many years ago. I go on experience and the market reaction. As I said earlier, the reaction here is "so what?"

You know my holdings and can gauge that against other people you know here. I am not selling. Why? Simple, since I got in at a much lower price than most, the current market tells me there is no price action that warrants selling at these levels. If we move down to the lower 0.70s, that will change.

The $6k of revenue sucks. OK. Next.
The management compensation structure stinks. Actually a much bigger problem than the first issue.
The complete lack of focus and the rambling answers on the CC yesterday also point out key management issues.