Replies to post #208885 on Wave Systems Corp. (fka WAVXQ)

[MIB]

Lugan,

Good afternoon. I could not help but read your OPINION that most longs are in the money. I don't know how one goes about substantiating that as a fact but I also know several longs that haven;t bought ten cents more worth of stock from the time of the 1:3 reverse split and I know for a fact they are not in the money or anywhere near it.

You would have had to sink a BOATLOAD of money into this if you were a really longtime long and bought at higher levels prior to the split.

I do not know that your opinion is accurate regarding MOST LONGS are in the money and the fact is, you really don't either. I know several who are way under water as a matter of fact. It is just not possible to validate that view I am afraid. It definitely is wishful thinking though and also tends to suggest that your definition of a LONG is someone who just kept pouring money into a stock after it reverse split on you and has lost money for 24 straight years, the tech not withstanding.

You see, the technology is one thing, while being long a stock position is entirely something else, and while I get it that the most vocal folks are going to continue to pour money into this company, that doesn't mean that those who already have poured substantial sums into it already and held that position all this time are both above water and not a good and faithful LONG.

I was just wondering how you could prove your statement, that's all.

micro...