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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: ThePro who wrote (3591)1/8/1999 12:51:00 PM
From: Canuck Dave  Respond to of 56535
 
If you get 18 on NAVR, be happy with 50% return in 1 day.

I am still a relative newby, but trying to squeeze an extra point or two has killed me in the past.

CD

p.s. Just my opinion of course



To: ThePro who wrote (3591)1/8/1999 12:56:00 PM
From: Trader J  Read Replies (1) | Respond to of 56535
 
ThePro: Yes, I think as they announce the CEO, everyone knows what is next. The only thing keep the price down is the fact that there are so many other issues moving that are sexier. People will see in NAVR what they see in DBCC now and I think you will get a similar valuation, my expectation for NAVR is high 20s to 30s at the IPO date. A lot could change in that time.

I will be adding more NAVR if I can get a lower price here.

TJ