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Re: Awk, there is a difference between loss by fear and loss by being duped

By: Down And Out Man in ALEA | Recommend this post (0)
Wed, 27 Jun 12 6:02 PM | 69 view(s)
Boardmark this board | The Trust Matrix 		Msg. 08639 of 54959
(This msg. is a reply to 08638 by Cactus Flower)
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Finding a way to show that these things are different is one of the challenges of conversation with some Wave investors.

You know, later this summer, it will be sixteen years for me (following the Wave conversation.) That is astonishing when you think about.

But, as I've pointed out numerous times, there have been well over a million message board posts on a handful of different boards over the years.

And the cheerleaders cheer and the naysayers point to the elephants in the room. And, for the most part, nobody changes sides. Slowly, over years, a few of the duped investors get disgruntled enough to become skeptics or even naysayers. But there has been precious little mind changing accomplished by the million(s) posts.

It really is idle talk in many ways. (Just like this.) So called "DD" has provided nothing but investment losses and hope for the future. Naysayers have "saved" precious few investors from staying on this plummeting "rocket ship". (Wow, that was from years ago!)

But still we talk.

I've said before, it's kind of like the old guys that go to the coffee shop every morning to ratchet jaw.

Lots of problems solved, huh? Laughing

Meanwhile, if WAVX can pull off a tripling of share price, it can get back in the same zone as when the ATM sales started not so very long ago.

D&O, trying to survive the early summer hundred and teens. Evil or Very Mad


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The above is a reply to the following message:
Re: Awk, there is a difference between loss by fear and loss by being duped
By: Cactus Flower in ALEA
Wed, 27 Jun 12 5:27 PM 		Msg. 08638 of 54959

And by the way, I do see that Wave has made its loyalists look naive more than once. eg recently over atm suppression and use. and eg over the claim that the ceo would submit to investor pressure re directors after the vote - and indeed, the door to that discussion was firmly closed yesterday.

But I also see a perception of loyalty and a sense of long run self-interest as the key dynamics here - and not something nefarious. Even if I sometimes disagree that some Wave investors are expressing their loyalty to the company wisely. I do think loyalty to the family and the interests of the company get intertwined in a way that is troubling. Finding a way to show that these things are different is one of the challenges of the conversation.

One reason this board came into existence was as a place to share thoughts which challenge the simple, optimistic, genius view of the company - and indeed, its opposite - and that appear excessively restricted elsewhere.

Maybe I am also naive for thinking nothing else is in play. Certainly, some folks don't always help themselves avoid criticism by making robust statements they cannot possibly support. but equally, this board will not survive the pressures of being turned into a sort of courtroom. ab wavx serves that purpose to an extent.

So I am trying to preserve this board's humble purpose, which is that here, at least, folks can make challenging, balanced or novel assessments on a variety of subjects.


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