Audio and Radio on the Internet- NAVR Message Board

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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Colin Thorpe who wrote (4466)	1/16/1999 11:01:00 AM
From: Mad2	Read Replies (1) of 27722

Colin, thus far those with a bit of brass have done the best with the back door IPO. Mall peaked 5 days ahead, DBCC peaked 4 days ahead. These stocks had a healthy float and little short interest, which has the potential to create a different sort of action here with NAVR. I'm going to analyse the price volume behavior in the upcomming weeks and try to develope a exit point on that basis. Not being a day trader I think the worst thing a position trader can do is stare at a screen and try to decide when to buy/sell, too many emotions and not enough analytics. I therefore am a proponent of a game plan and limit buy(to enter) and limit sell (to exit), put in before the market opens. Buy low and sell high and don't be a panic buyer or seller (a sure looser). BTW this isn't the only back door IPO in development, for those interested take a look at BNYN. That said IMO NAVR is a overall much better play.

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