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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: fiberman who wrote (8554)2/22/1999 3:56:00 PM
From: JW Steve  Read Replies (2) of 27722
 
It's up because ....

Navarre always announces on Tuesday. I noticed a comment on Raging Bull. Now it all makes sense. If you look at the last several weeks, all important announcements have been made on Tuesday. I am guessing accumulation is starting in anticipation of the announcement tomorrow. I'd wager that if there isn't an announcement, we'll see a drop in price on wednesday. Might be a good time to stock up on more shares. It's encouraging that people are accumulating, but I think if there is a leak, it's going to drive the price up much quicker. Look at what happened at the last announcement. Someone knew about it ahead of time (a lot of people). Why would this time be any different? I predict the following;

No announcement tomorrow. Price goes down Wednesday.

I think we'll know on monday when the announcement is coming.

jw steve
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