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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: southbound who wrote (8963)2/25/1999 10:06:00 AM
From: Sgt. Stockpile   of 27722
 
How's This For A Novel NAVR Trading Idea:

This trading idea is based on one assumption -- that NAVR will not announce the S-1 filing during the trading day.

For those that are jumpy about wide swings in NAVR, why you not simply buy the stock at the close of the trading day and sell first thing in the morning. I don't think they'll do an intraday announcement so you won't miss a huge run-up in prices, and over the past two weeks, you'd probably break even selling at the open and buying at the close.

Yes, I know. I wouldn't have come up with this idea had they filed when they should have.
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