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 : Roaring Internet Stocks
YHOO 52.580.0%Jun 26 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mel Spivak who wrote (468)12/23/1998 4:26:00 PM
From: Nimbus  Read Replies (1) of 1530
 
CDNW investors. Want to make more money here?

I spent the entire day tracking the price of NTKI vs CDNW to see how well they tracked. NTKI in "theory" should be 83% of the price of CDNW. Well, today it generally ranged from 75% to 83% of the CDNW price.

This descrepency can be exploited. What you want to do is sell CDNW when it runs up before NTKI has time to catch up. Then buy NTKI as fast as you can.

I did this today and am $1000s ahead of if I had done nothing.

If you look at the close prices today:

NTKI = $18.25
CDNW = $26.25

Amazingly it ended the day at the BIGGEST descrepency of the day ! It is are now 69%. If it was at 83% as it should be, the NTKI price would be $21.7875, meaning NTKI is selling at a 16.25% discount over what it should be selling at.

Clearly the market will correct this tomarrow morning, and the gap will shut, so any price between today's close and $21.7875 is like getting NTKI(CDNW) shares at a significant discount to the market !

I am going to buy a lot more at the open as this is free and legitimate money.

Let the Yahoo Traders by the big name stock (CDNW) but the smarter investors ride the stretchy coat-tails at a discount by buying NTKI.

Good Luck to all.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext