Tex--if you don't see the difference between a trade association like the Chamber of Commerce which lobbies Congress, sends little "helpful hints" out to its millions of members in its monthly newsletter, etc., and an alliance of 16 companies that, in your words, is "merely" setting standards for the industry, then it's clearly going to take someone much more eloquent than me to inform you.
You wrote: "Also, why add your interpretation to what I wrote CM. I clearly asked why this association with ISTPA VALDIATED [sic] WAVX's technology." Please forgive me, Tex, for butting into your exchange with CM; I can well understand why a guy like you who, according to his own admission, is neither short nor long and spends so much time on this thread adding his own interpretation to WAVX events would object to me adding my opinion to the debate....
And as to your final point: that WAVX is below ten bucks is indisputable, and no one ever disputed it (how could they?). We longs believe that WAVX is grossly undervalued relative to its incredible potential, which is why most of us don't get the shakes when the stock drops. My point is this: your noting triumphally that WAVX is down to 8-9 bucks as being somehow meaningful about the future of the stock is dead wrong; it would have been equally wrong when WAVX was at $1 and when WAVX was at $29. It means simply this and this alone: if I sold my stock this morning, that is the price that I will get. It does not mean anything more than that; whether we longs are right (which is by no means assured, I'll grant you) or not will be determined in the future, but the fact that WAVX is below $10 means little to me as I have no intention of selling. |
