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Technology Stocks : WAVX Anyone?

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To: Tom LePera who wrote (6119)3/25/1999 11:47:00 PM
From: Trader X  Read Replies (5) of 11417
 
RE: <<more people know about wave than you realize>>

I didn't say people don't know about Wave-X, I said analysts aren't covering the company right now, the reason being that it's a BB stock. Analysts don't cover BB stocks. Everyone on Wallstreet can know about Wave-X and still no analysts will cover it as a BB.

And I'll say it again -- Relisting is a NON event. Fireworks will not course skyward, the price will not treble, the earth will not divide. BUT I WILL be able to place a stop loss order with my broker... now THAT's a sweet deal!

Some speculation on my part -- This stock is inching upward due to heavy accumulation by some party, who wisely prefers to buy the stock in steady-but-small doses, so as not to spike the stock too much, thereby hurting his own cause. And that's all the speculation I care to engage in.

Trader X
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