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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Joe Bz who wrote (139)7/16/1998 11:18:00 AM
From: simarx  Read Replies (1) of 27722
 
Here's the PR about the -.03 loss, but the momentum guys don't care about fundamentals, they only care about momentum. I wonder how many of them went past the headline which is now inaccurate. This is more fodder for the shorts and anyone who wants to take action against the company. It' sis going through it's normal pattern of gapping up, I hope the longs understand what is going on. This is an opportunity to take profits or minimize losses.

I would file a complaint, the only problem is that I increased my short position when it was 7, the company seems to be helping shorters more than their long-term investors. That is all these pops do, the Nasdaq MM's fall in-line, it is an old game.

biz.yahoo.com
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