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Strategies & Market Trends : Trader J's Inner Circle
NVDA 180.99+3.9%Dec 19 9:30 AM EST

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To: StockHawk who wrote (10475)3/2/1999 8:14:00 PM
From: Trader J  Read Replies (1) of 56535
 
StockHawk: NAVR - I think that is pretty solid advice. Myself, when looking at NAVR, I still feel that they represent enormous potential, but the dealys are killing them. I am almost afraid to even day trade them for fear that they will again delay the NetRadio IPO. I would be willing to sacrifice the 2 points or so that it would take for me to establish a position if/when the IPO news came out.

Even then, I would expect that after the initial spike, depending on IPO time frame, many would dump it and wait to reenter a week or so before the IPO.

If you trade this, I would close the position before close each day; anything less is too much of a gamble IMO.

Tj
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