It looks like we are testing the low and are on our way up.
Here is a quote from Bruce Sinclair from the last telephone conference that should give a WaveRider long stock holder food for thought.
"With regard to NASDAQ, you're absolutely correct. There is a requirement to have that $4 stock price. The other areas - of corporate governance, there's the areas of SEC preparedness - we're there on all fronts. We just need to have that $4 stock price, and as I've stated before, we're committed to getting up to the NASDAQ national markets.
Unfortunately, I can't drive the stock price, and it's going to basically up to the markets to reward us for all the good work we're doing. I'm reminded of about ten years ago, about six months after we took Dell public at $8, the stock was around $4.50, and I was feeling some of the same pressure in those days, and it was really when we started to have the sort of market share gains and market growth before we really started to get rewarded for that. And that same stock today is about, I think, Scott, $10,000 now? With the splits?
And I think its typical, as we go through an evolution of shareholders, from the shareholders that follow us very early on at the development phase, and as we start to transition those shareholders through more longer term, institution, and longer-term shareholders, sometimes the road's a bit rocky and I think we're driving on that rocky road right now."
Not selling mine.
Happy investing,
Uptickin |
