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My belief is that the smart money is finally beginning to chase WAVX, in response to the plethora of positive announcements relative to its partnership with CREAF(keep an eye on that company as well, since the fortunes of both firms are now joined together), whose stock is really climbing now. The volume in WAVX has increased exponentially over the last few trading sessions, as compared to that of the last few weeks, when the stock was virtually ignored by everybody but those of us who know what's up with the firm's products and services. I think the stock is being grabbed by strong hands who are willing to hold the shares over a longer term, which is good news, since it will take higher prices to dislodge the shares from their portfolios. We all know the stock has been oversold/damaged from the standpoint of technical analysis in a big way for a long time, which is why it is taking so long for the price to REALLY go up. But I think it will happen sooner, rather than later, if the trading activity continues as it has, and it should, given the interest in the market sector the company represents. I know it's tough sometimes with WAVX, but continued patience will pay off. Go WAVX !!!! |
