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xxxxcslewis

01/19/11 3:21 PM

#205513 RE: internet #205508

An offering would be very surprising to me given cash should have increased given the automotive contract. I am inclined to think todays action only reflects the overall market.
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dig space

01/19/11 3:38 PM

#205516 RE: internet #205508

Jas, why be so boring ...

This IS WaveySystems after all, perhaps the share price is being walked down to bolster the shorts while an S1 gets filed to put another $50m on the shelf which is used to place 6.25m shares at a premium price of $8 per share which jolts the market, causes a MoMo run, spikes the SP to $16 during which NewBigAuto gets announced for $15m upfront, driving SP to 20 overnight, the shorts bail, it goes to $25, that evening the Employees et al flip all of their options/warrants as it rides to $30, I buy in on margin at 30, and it closes the week at 16.

Wave has about $80m flow into the treasury, the Bain placement scores, and Wave can do that whole grow the business thingy ... and I've got a margin call.
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ExPatriate57

01/19/11 4:26 PM

#205521 RE: internet #205508

Regarding the shelf... let me show my ignorance here... don't they have to announce the introduction of those shares? It just can't be done surreptitiously can it?

I honestly don't know.
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internet

01/19/11 6:58 PM

#205537 RE: internet #205508

Re pp......obviously....I was wrong......the manner in which the share price was walked down reminded me of the pp days. Personally....I think it would be a good idea....for the company to raise additional funds to grow the company. The trick is to do it with the least dilution.

Sincerely

Jas