NAVR longs will be rewarded
Everyone has seen the volatility of this issue and everyone is planning to get in on any share price swings.
Trading NAVR on bottoms could have made a novice a LARGE fortune in the past year.
Every stock, except those going bankrupt or large insider selleing, etc., that I have seen in which there are a large amount of traders ALL waiting to buy at the bottom - does NOT find that bottom.
The 30-60 days statement by to file IPO, the net IPO potential, the fact that many know that net IPOs (good values or not) sour, the market's frenzy to get in, and the daytraders- especially the day traders who are feasting on this volatility and the shorts all meant that everyone here will not casually be able to wait the for the bottom to enter a stock with the PRESS and possible potential share price appreciation of a NAVR.
You set a GTC buy at $5, I will at $5.5, someone else will at $6, and so, so on , so on. I am NOT saying this will rocket to $40 - but this volatility will simply continue as margin players, then short, continually find themselves on the wrong side of the trades.
Remember, the reason there is no January effect NOW, is that everyone is buying in December positioning themselves for the January effect.
How can it go to five if EVERYONE WANTS TO GET IN AT $5 and sell at $8-$12-$25???
Play the volatility , but this is a gamble.
Stephen |
