I am just looking at the reality of the industry . There should be major uptick in revenue for PWAV in 2012 and 2013. Short term , we could see $2 or $3 tomorrow and I won`t care either way because I am not buying or selling.
I am waiting for the year from now to get rewarded for my patience
The only company on the planet that pre-announces,it will actually meet expectation or fall short by 1% in revenue ( no mention of EPS )and re-inerates outlook for the year and the stock falls over 15%.
Then again, we are talking about PWAV . No one can ever make correct calls on this Pos ! so if you think we are going to $1.9 you are wrong and if you think we are going back to 3 , you are wrong again. LOL!
I give up on short term prediction here a long time ago. All I know is that we are trading at 4 times 2012 earnings so I am not selling a share no matter how low or how high it goes until 2nd Q of 2012.
I feel for the short term traders. It must be hell!
Keep hope alive my friend. Just like I was preaching last month when the market just kept selling off that the positive outweighs the negative , I am going to repeat a few things related to PWAV.
Voice and Data Networks continue to degrade as traffic multiplies by 100`s to 1000 folds every quarter. This by itself will lead to major capex upticks in the next 3 to 5 years.
I think consumers will start to DEMAND unlimited data on devices as soon as they get a bad taste of data overage charges .
Overall, the rapid growth of enterprise mobile apps means that business will DEMAND fast and reliable data connections so there will be a race to move to a carrier with better quality so everyone will pay extra attention to their network speeds.
Last but not least , new legislation to insure carriers meet SLA and national wireless coverage plan will alos have major affect on the capex as soon as the AT&T merger is approved
Investors will start investing in PWAV when all this news hits the wire specially now that PWAV is one of the few pulbically traded in the sector
We are trading at 5 times 2012 EPS !!!!
I just wish I had more money to buy PWAV at such ridiculous valuation. We should be at $5.25 now.
Again, valuation adjustment will happen soon. I want all short term players out so we can get some long term momentum going here in Q3 and Q4
One needs real conviction to hold PWAV at a time when market is exploding !!!
How many times have we seen this in the past where PWAV falls or stays flat no matter what for a couple of months and then it catches up to market and established correct valuation in a matter of a few days.
I see no difference this time around. Basically, a turn around can only happen when all these short term investors and momentum players are out of the picture which they are at this point.
All we need is a close above 3.15 to get this baby back abov $4 and I hope that happens before earning .
I see a bright 2012 on Horizon for the sector and the markets in general and that is why I don`t care about the short term and you should not either.
Concentrate on the fact that all major market players are looking for S&P 1,500 after recent sell off and the summer sell off took place early on and better economic numbers will help the market hold the recent gains in july and aug with another rally in Q4
No worries !!!
I just meant that the sell off is OVER as you can see !!!
The recent sell off is a blessing in disguise for PWAV as it basically gurantees that we will meet my $11 + target for 2012.
I can assure you that the majority of PWAV holder ( myself included ) will not think of selling before teens because we all risked big money putting up with recent 50% fall so we want at least a 200% return for the risk that we took.
I have a feeling that the 2nd half of 2011 will be great for corporate america and I fully agree with Goldman Sachs projection of S&P close to 1500 by Dec
I don`t recall the name of the congress women proposing the legislation however, I agree that there will be lots of resistance because the telco lobby is strong.
However, pushing this thru should mean more jobs for american companies as they would need to purchase and install much more equipment.
I hope for once law makers cite with the common Joe who is paying $60 a month for crappy service.
PWAV will trade over $4 by the 3rd week of July in what is to be the easiest technical move that I have ever witnessed in my 20 years career.
This stock is way OVERSOLD as compared to real markets and it has caught up in the 9 out of 10 similar situations in the past