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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: cool who wrote (205)7/20/1998 12:08:00 PM
From: simarx  Read Replies (1) of 27722
 
-->scamming a point

The reality is John that your Mr. TMEX was spreading false information. The stock is very volatile and there is money to be made on both sides of the trade. It is a good momentum traders stock. But, on fundamentals alone, it is difficult to recommend this stock. There is a gamble involved either way. That's why I closed my short position today. I had it open for too long, more than I am usually comfortable with.

The 16 Million shares are not restricted and there is an effect on the market. If the holders are smart they will manage the price as they sell. But, it would be difficult to avoid selling into such volume. This is a large holders dream. If there is any upside momentum, it is being restricted by this weight.

Take a look for yourself. The CBS MW article should have bumped this up. But, it did not. Anyway, I'll keep watching it. Going long and short as the momentum permits.
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