SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?


To: Kathy Riley who wrote (561)11/29/1998 11:03:00 AM
From: John M. Gelnieau  Read Replies (1) | Respond to of 27722
 
I guarantee after watching BAMM on Friday the NAVR MM is not sleeping well this weekend. He's hoping beyond hope that his morning gap tomorrow levels at about 17 and then he can shake this thing back to 12 or 13 to cover.

I am sure he is replaying the BAMM scenario from SB downgrade and real concerned about the above actually happening. Consider the volume on Friday in this stock when everyone was laying on the sofa watching college football and think about all the traders returning on Monday. I think the MM is toast!

Also, most of these net stocks have been pounced on with very little time to research. The move Friday is a wakeup call to those looking for the next big push up. traders have been working the hell out of NAVR this weekend, and, when they see the IPO is still yet to come and news from the company any day, well I think its straight up.

This is not a prediction but the morning gap could be 20+. And that will blow the hell out of any strategy the MM has devined this weekend. And I must say it is good to get on the winning side form the MM's once in a while becuase most of the time they are screwing all of us bad. IMHO of course.



To: Kathy Riley who wrote (561)11/29/1998 4:43:00 PM
From: Nanda  Read Replies (4) | Respond to of 27722
 
Kathy, I hope you are making bundles of money. NAVR will open at 18-19 and close at 35.....my prediction.