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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Intrepid1 who wrote (18987)1/19/2000 4:22:00 PM
From: Wendisman  Respond to of 57584
 
NATS....sold everything but my core position from 3's at 8 this morning....while it may continue to pull back more, you will hear from Rande that none of us can sleep not holding onto some shares of a low floater like this one....I am looking to add to my core when it finds a direction....since they are not opening their site until March (rumors and reports from this thread), I feel they will suffer a general lack of interest, especially when so many on all the threads are comparing NATS to IAAC (not a great comparison other than the momentum factor IMO)....
Hope this helps....



To: Intrepid1 who wrote (18987)1/19/2000 4:26:00 PM
From: gamesmistress  Respond to of 57584
 
I agree with Wendisman about NATS. I sold my trading shares at 8 (got them at 6) because if the site won't open til March it's likely to drift downwards til then. It *may* hit 6 again, but I think it'll probably base around 7.



To: Intrepid1 who wrote (18987)1/19/2000 4:54:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Etcetera, what your broker is probably seeing is a breakdown in TA. . .NATS has been weakening over the past few days. . . and with the lid the MMs were putting on it when it tried to break 8.50. . . it really has nowhere to go but sideways or down on the near-term. They recently reported some terrific earnings and if memory serves me correctly are preparing an annual report. . . but there is no telling when we will get any news from them. . . since they opened their website to current account holders, but have not yet launched their website nationwide. It is a great little company. . .with plenty of cash and great earnings. But with the OLB sector taking a bath of late, there is no telling when the alarm will sound to wake this sleeper.

Many here have traded NATS for IAAC, IMO. This has perhaps also contributed to recent weakness.

Hope this helps, Etc.

Rande Is