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To: Dave Kosmayer who wrote (3631)1/8/1999 4:22:00 PM
From: Paul A  Read Replies (3) | Respond to of 27722
 
one would have to conclude, if watching level II as well as time/sales that several market makers shorted NAVR quite a bit from 15 straight down to 13 1/2.. Although from watching and drawing this conclusion you can only guess this is whats happening, its pretty obvious when you see an endless supply of sales being made by a market maker sitting on the ask..

I was going to short it simply because they were shorting. I said this at 15, 14 1/2, and again at 14 and either it was a lucky guess that it went down or there is something to it.

Anyhow.. sorry to get your upset.. good luck, im in as well.. nobody taking my offer on instanet, just sellers.. I will return Monday and see what the market brings us. Im just a trader, shouldnt even be holding but had a great week so Im willing to take the risk. I honestly do not know why you folks are so bullish on this stock but like it or not im on your side for the weekend at least...

and yes, I think we will gap down on Monday. Shorting AMZN is one thing, shorting NAVR with deep pockets is an altogether different story.