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Wave Systems Corp WAVX



NDAQ:WAVX - Post by User

Bullboard Posts
Post by drdiabloon May 11, 2010 11:31am
413 Views
Post# 17084662

So much for the profitable quarter

So much for the profitable quarterI guess Q1 was profitable for the WAVX VP who pocketed a million and change in exchange for some patents.  However, proftability for WAVX and Wavoids seems to be a mirage that recedes as it is approached.  Granted, the revenue growth was encouraging news, but there is always something to be encoruaged by if you are determined to be encouraged.

I'm not grumbling too much about a stock that I started buying at a buck.  It ahs been good to me.  I'm just questioning whether I should be holding this for the longer haul.  I imagine that a drumbeat for Q2 profitablity will begin in a few weeks, culminating in the loss of another penny a share.
Bullboard Posts