As you seem to be acutely aware, the way these internets work is the holders allow for 50% moves, but the real moves come when the market in general becomes aware of an upcoming IPO. Look at WCTI, for example (I was lucky enough to have my group in it). The holders and those already watching allowed for almost a 100% gain. Yet, the real move came when that gain starting making news, as NAVR now has, drawing previously unaware investors to invest. I have at least two other large investors moving into this stock Monday, with a lot more coming as they transfer gains from WCTI. I thought it was going to happen Friday, but they want take advantage of those crazy shorters and buy in at sub-14. I think, though, we could open above that Monday.
I have read negative posts about internet mania crashing for almost a year now. Folks, it's not going to happen before NAVR has capitalized. I saw on CNBC one of the leading internet investors, who correctly, IMO, stated that it really is not a mania, but a switch of paradigms in investing from earnings/EPS, PE, to a new definition of stock value. NAVR is perfectly positioned to take advantage of this paradigm shift.
Also, you continually read supposed "longs" discussing all of the shorts in NAVR and why they expect the stock value to decrease. I've said it before--why would a true long publicly announce that they expect the price to decrease. I saw it on AMZN all year in 1998. They are attempting to frighten investors, causing an avalanche effect, so they can profit. The fact is, NAVR is moving up, and will continue to do so.
I think we will see the announcement of the new CEO this week, with the announcement of the IPO in the next 2 weeks.
We could easily see $18 this week on the CEO announcement, but again, that's chump change compared to where we are going. Netradio is an excellent IPO for generating excitement and high share valuation.
Patience here can and should make us very wealthy. |