Annette, we are looking forward to your sharing info from the investor's package such as the number of shares to be IPO'ed, etc.
Now that the IPO is near, let us be prepared what to do whenever there is runup in NAVR. We should learn from UBID and not be greedy. After a meteoric rise, today the stock dropped 66 points. We don't want a paper profit NAVR to evaporate in an instant.
Among points to ponder: do you place a stop sell, or do you place a stop sell limit, or just sell at the market, at the open, or sell with a limit, the stop sell is just mental or instructed to the broker, etc. Remember that NAVR is at the mercy of MM, a stop sell might be triggered by the broker just to snap the shares.
Please think of the above strategies and share it for discussion with your fellow NAVR'sters. We have the entire weekend to think about.
In the mean time, I am ready to go to church, repent my sin (I have much more than Saddam), and then enjoy the Christmas Eve party. So this is my last post for tonight.
MERRY CHRISTMAS TO ALL, AND PEACE BE WITH EVERY ONE OF US.
Sincerely,
Paul. |
