CM--Excellent post. I, too, am reassured by the quality of many of the posts both here and RB; unlike many, I am no techie, and so rely on the ability of others much more knowledgeable than I to ferret out facts and restate them in these two forums in a more understandable form.
I've got about 25% of my net worth tied up in WAVX, as well. I agree with you that it is certainly no sure thing--if it were, its stock wouldn't be at 10, it would be at many multiples of 10. Nevertheless, the risk/reward ratio is gigantic, I believe, and justifies a substantial investment. If this one hits, all of us will have a very wonderful return.
My only wish is that this thread were a little more active. RB, by contrast, is much TOO active--too many one-line, nonsensical posts, too much back and forth bickering (I've done some myself, I'll admit). Who has the time to pound through so much crap? I've started using the "back" button and simply searching for comments by posters whom I know to be serious and informed, and skipping over most of the folks who are unknown to me (unless their post has a provocative title).
By the way, in reference to the earlier post about establishing a Wave Account--I've tried to do this twice, and both times immediately get a message that they can't/won't accept my application. I sent an e-mail to the company both times, but the second one they didn't even bother to reply. Maybe they've become too busy preparing for the explosive updraft we all hope is coming :-) |
