Anticipate The Arguments...
Can't you just hear it? Cackling about WAVX's $2000 in quarterly
revenues. Even I laugh about it. It is, without question, an absurd sum. Tomorrow could be choppy. But, I will, gladly, scoop up more shares... as I did this morning and this afternoon.
Let the shorts blithely skip over the section of the report that says
N*ABLE-d deployment with Compaq in Q3. That's right, the report says Q3. That's right, the report says Compaq.
Add in today's wonderful series of Barge posts re:HP's changes and updates to its VerSecure site. That's right HP.
And, then, go back and take one more look at that laughable $2000 in quarterly revenues. Look straight at it. If that number (a bit of recorded history) scares the living bejeezus out of you... why on earth did you invest in a development stage company to begin with?
However, if that bit of recorded history looks like just another bit of recorded history... and not much in comparison to deployment via Compaq in Q'3 and the IMPLICATIONS of HP's updated VerSecure site... and the FACT that an article I cited a while back quoted a Navy spokesperson using the exact words, "trusted client"... hold tight.
And, in any case, ALWAYS do your own DD. I say this because independent DD teaches you more than just "follow the herd" investing. And helps insulate you against the misrepresentations of those whose investment styles are predicated on NO understanding of a company's business, competition, products, or prospects.
One more time, though: STARE at that $2,000 figure. And expect it to be bandied about by those whose investment styles are as I have described above.
Best Regards... and Smiling...
c m |
