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: telebob who wrote (3852)1/11/1999 7:57:00 PM
From: Street Walker  Read Replies (2) of 27722
 
General thoughts on Float

Each time the float is recycled the support level rises. As the float is recycled there will be shareholders who will simply not sell. Which means the effective float decreases while demand increases.

NAVR float = 6.6 million

Today's Volume: 13.9 million

We could easily see NAVR gap to $21.50 and run to set a new high
for the above reasons, and even higher if NAVR gets written up in an article or releases news.

Momentum just recently began. It has a ways to go the next few
days, depending upon write-ups/news.

Regards,
S.W.

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