Trader J's Inner Circle Message Board

STOCKTALK

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.

Strategies & Market Trends : Trader J's Inner Circle

NVDA 180.99

+3.9%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: snerd who wrote (6153)	1/26/1999 11:59:00 PM
From: Trader J	Read Replies (2) of 56535

NAVR - I have received a couple of PMs asking why I sold my NAVR today when I have been relatively long on it for the past 2-3 weeks. We are traders here, and as sure as I am that NAVR will pan out for us, I felt that I could take advantage of the disappointed public here and play a couple other things before the news comes out. However..... I am walking a tightrope here and I may miss one of the 3 plays that I want for the next couple of weeks: ASCT, PRFM, and NAVR. I simply want too much of each one of these and am trying to balance my portfolio appropriately. I am trying to take positions in the following amounts. 7000 ASCT 3000 PRFM 2000 NAVR I don't have enough in my trading account to make that happen right now so will have to either fund the account more (something I don't want to do) or scale back and not get greedy. I think PRFM has the most near term potential and NAVR could go within the next two weeks at some point after the IPO announcement. I will most likely scale back my ASCT to 6000 and the NAVR to 1000, which means I will be buying 1000 ASCT and 1000 NAVR as well as 2000 PRFM. Issues to keep an eye on as well. PROG - Will go again. Earnings soon, could be big. DLIA - IPO play, good numbers and volume. TJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next