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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: stiltz1 who wrote (10540)3/7/1999 1:23:00 AM
From: Cleo  Read Replies (1) of 27722
 
I have proof it will be going up Monday!!

I had an order in all day Friday to buy NAVR shares at 15 1/4.

At the close the MMs took it right down to 15 1/4 and traded about six or seven thousand shares there (one trade was a 5,000 share lot) but did not sell any of them to me. To me, that almost surely means they absorbed them for themselves. (Since the order was in all day, it is unlikely someone else beat me out at that specific price... although it possible I admit.)

Anyway, the reason I know it is going up is not because the MMs kept it for themselves (which is always a bullish sign in itself), but because whenever I try to get a stock like this at a low, and I end up coming really close but not getting it, it runs up like hell the next day. I'm pretty consistent that way. :(

Not to worry though, I have plenty of NAVR already anyway, some of which was purchased just under 20. (silly me)
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