Jeer, that was a very down-to-earth, very realistic posting. Thank you for inserting a voice of reason.
Although some of us joke around when speculating about the possible price appreciation of NAVR, at times it is difficult to sort-out who is joking, who seriously believes what he/she posts [for the potential return of investment on NAVR], and who is just hyping, feeding on people's greed. Your posting will hopefully be taken to heart by people because I think what you are saying is true, although only time will tell.
I personally do think NAVR will jump all over the place. A chicken investor at heart, I know I am going to sell at lower prices than some, many others, on the thread. If I do, I know I won't regret it--I am rather good at not looking back and saying, "Nuts, had I held onto those shares I would now have X gain."
What I intend to do is gradually sell my shares. Expecting a drop after the IPO, at this point I then anticipate buying back some shares to hold as a long term investment because NAVR itself, forget about the IPO, is starting to look better for the long term. I do, however, expect NAVR to be selling for less after the IPO than before so the shares I hold now are not the ones I shall hold onto for the long term.
Lynn
P.S. Not having followed any of the other stocks than spun-off internet IPOs, I am not looking for NAVR to go to 50 or 60. I could, however, be very wrong in not seeing these kind of numbers.
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