After hauling my sun-burned butt home from golf, I turn on my Mac and find that 1. WAVX is down 15% (and my other stock, EGRP, is down 5%...); and 2. we've had another invasion of short people like Archer, folks like Texas Dude who assure us are "jus' tryin' to help" (and we shore do love ya fer yur carin' ways, Dude), and poor, pathetic souls like Eric who apparently flip coins as a way to decide whether to assert being long or short, and on which thread.
But no "effluvia from Pluvia" (forgot who to credit, sorry...), so there is that...
I will at least admit that Claugus and our A@P friends have won the first round, and I congratulate them for it. Making money in the stock market isn't easy, and I respect the ability to do it. That said, Mr. Claugus (and our A@P friends) might remind themselves of the ol' saying about the blind hog occasionally stumblin' across the acorn. Time will tell, of course, but my faith in Wave is not even slightly shaken, and if I were Mr. C and Mr. A@P, I'd be calling it a day and move on to the next target.
Here's why (from the RB thread and our friend Trippi, who has been consistently right throughout the last six months):
"I do not post much -- but thought some insight into our current situation might be helpful to some. There is a condition in my industry called "Transference" in which the producer of a TV advertisement upon producing and seeing the spot comes to believe that the content of the spot has already been digested by the consumer even though the spot has not yet aired on television. He knows what he has produced and can not understand why sales numbers or polling numbers have not gone up even though the ad has just begun to run or in some cases not run at all yet. So he goes back into the studio to produce another ad because he literaly comes to believe that the first is not working.
I have become convinced that this same condition is produced by strong boards such as this one -- the fact is -- we know too much -- we have seen and digested much more good DD than the average investor -- we have seen the dots -- and we know what they mean -- but we do not truly appreciate how few others there are that have even heard of WAVX. And this is where the shorts have an advantage -- they have a much better appreciation for where most investors are when looking at WAVX's valuation -- Which for the record is CLUELESS.
But here is the rub -- the more dots we connect the higher we feel WAVX's valuation should be -- and a good board like this one connects a lot of dots. We as a board have run far ahead of the institutions and the buying Individual Investor -- and it is a lot easier for shorts to understand just how far ahead we have run -- and take full advantage of it.
We are not wrong -- we just got here way ahead of everyone else -- in the end we will be well rewarded for this -- in the near term we are paying a small price for connecting dots no one else has seen -- but just like my colleagues in television -- there is no need to run back in the studio and make another spot -- the first one is working just fine -- give it time -- and you will see just what Peter, Steven, Nason, Lark et al have in store for us -- the shorts have gotten us back to where the rest of the world is -- but the rest of the world has just begun to open a bag full of dots.
Trippi"
If this goes to zero, Archer, I'll tip my hat to you. Truly. But, and I know it hasn't happened but it could at any time, one major announcement and this stock will explode. There's a side of me that lives for risk--not always a good thing, I'll admit--but I would be exceedingly nervous if I were short this stock.
Truly... |
