SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Audio and Radio on the Internet- NAVR

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: simarx who wrote (291)7/26/1998 10:27:00 PM
From: iceburg  Read Replies (1) of 27722
 
(First of all Iceburg, on a personal note, you are becoming emotionally attached to this stock. I've adjusted my analysis and trading style on this stock based on the information out there, not my position. If the story you bought in on has changed, trade accordingly.)

LOL! First of all I told you honestly where I thought the bottom was on this stock. If you think I would ride it down to there you are wrong. As I posted I sold 1/2 my position at 8 5/8, I sold the other 1/2 at 7 15/16 when I saw it wasn't going to hold 8 for the second time. (I originally bought in the 5's and doubled down near $4) I am not emotionally attached to the stock. If anything I am emotionally attached to the debate, much like you :-) I will be buying back when I perceive this perfectly natural retracement is complete...

You call IFLY a "pure play", I sure don't. A trader could have come onto the IFLY thread when it had good volume and made most of the same arguments you have made about NAVR. Then he could have rubbed it in as IFLY started this lower volume decline it has experienced. I'm just saying that unless NAVR breaks down (consecutive closes below 6?) it is still in a distinct upward trend. The current pullback is completely natural (even healthy, it shakes out the momentum players and other weenies), even for a stock in an upward trend.

I'd have bought back my NAVR except I have fallen in love with a child with no parents (ORPHan Medical) who I am pretty sure is going to double in monetary value in the next 2 weeks.

Good luck,

Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext