i think your numbers look right on. factors that we arent able to put in the equation, of course, are the height of the run-ups in either stok, the duration of sustainability of prices, and the rate of descent from, oh, say $150 for net radio, down to the more logical 60-80 range. the real question is whether NAVR will be evaluated in a technical fashion, ie, based on its ownership %, or soem other factors. im thinking NAVR will behave very much like DBCC did, mostly because some very big money will be going after the extra profits that can be had as netradio goes to the mid-hundreds.
like most things, this wont be easy money for many, due to the timing, fast movements in both stocks, and different risk tolerances. with NAVR being a notorious daytrading stock, the action is bound to be fierce for a few days, then settle down a bit. and then be back after a few weeks.
ill be happy to get a double out of NAVR from its current level, and even that may only be availble in a very short window of time, and perhaps not even on the day the ipo is released, IMO.
good luck to everyone!!
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