Replies to post #220861 on Wave Systems Corp. (fka WAVXQ)

[jermart]

Its not complicated but its helpfull.Youve got this selling pressure and the PIPE thats coming and the 10Q my guess WAVX will show a 10 cent a share loss. I guess what Im saying why buy now you might be able to get it for $1.50 a share.

[lugan]

I agree. Today's closing volume may give some indication on whether the Safend selling is drying up. I think volume under 300k would support this.

[mistral53]

Jas - you are probably right - however, my experience trading equities has been that what you think you see is NEVER what 'is', that is the true art of qualified MM's, albeit, its not the GS traders that are pushing smoke around on wavx, they have bigger fish to fry, hence for wavx maybe there are no smoke, fog, mirrors, headfakes etc....

[New Wave]

Jas, I expect the VCs would have been made aware of the emerging market for trusted computing along with Wave's key role, but as I understand it VCs are typically very disciplined about cashing out as soon as their investment becomes liquid. This is just the way they opperate. These VCs have been involved with Safend since 2005, so I suspect they were more than ready to move on, no matter how promising Wave's prospects. That being said, an investment banker who has worked with Wave believes these VCs may still retain 25 to 30% of their Wavx holdings for the potential upside.

In any case, the selling pressure - including the past three months of shorting against the box - should subside before long.