Tex, you brilliantly wrote: "The downward spiral seems to be doing a good evaluation of WAVE."
Boy, you really zinged us with that one... Ouch!!! However, just to clarify, WAVX a year ago was around $2-$3, so it's current level still shows a rather hefty appreciation in 12 months, wouldn't you say?
Furthermore, and I know that this may surprise someone as obviously astute as you, but anyone who invests in what is essentially an R&D company--yes, Tex, one with just $2,000 in revenues (how that fact must warm you at night...)--better be prepared for extreme volatility in price. That doesn't mean that it's a bad investment, Tex, it just means that the stock price is going to--and watch my lips closely here--move up and down a lot. What matters to me--and to most of the folks on this thread who aren't margined--isn't day to day stock price movement (although that's a good source for commentary), it's where we end up--whether we achieve deployment, etc. If we don't, you're absolutely right, we're sunk. If we do, you're going to be crying big Texas-size tears into your stale glass of Lone Star beer... |
