Replies to post #209199 on Wave Systems Corp. (fka WAVXQ)

[1260]

Jermart...That will be a good cover price. Hope you make a ton. Question: Do profits from shorting acquire long term tax treatment?

Do you have any estimate as to how many shares shorts will cover at this price. Will this be the capitulation price for the shorts?

[lugan]

10-20 large accounts in the pipeline and some will close this year. At least one large account expected to close in about 45 days. Why would anyone sell with growing revenue and prospects better than ever.The last time Wave traded over a million shares was 3/18. Some 2.5 million traded on Jan 10. I suspect your 5 mil estimate and a 2.52 price to cover for tomorrow is but wishful thinking.