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


To: Trader J who wrote (3683)1/9/1999 1:09:00 PM
From: Poet  Read Replies (3) | Respond to of 56535
 
I really like NAVR. I like the technology offered by NetRadio and I think it's poised to do well in the future of the internet. Unfortunately, that may have no bearing on where the stock price ultimately goes!

DBCC is a hot play right now and will continue to be over the next couple of weeks, meaning there will be more volatility, and hence more tradablilty in it. We really saw that on Friday. I think, barring an unforseen political event, DBCC will pop on Monday. NAVR is due as well, and as you point out, Jeff, it's a cheaper stock at this point.

Two things, though: NAVR is a manipulated stock. A few months ago, it popped to 26 in a morning run, then fell VERY hard back to about 11. Personally, I will be trading it and taking my profits regularly off the table because I see no reason why this manipulation wouldn't happen again.

The other concern I have is the condition of the market right now. I've been predicting a sell-off and so far have been wrong, but I'm willing to bet (a nickel, I'm no bettin' woman!) that we'll see a correction begin by the end of January. And those stocks which are most vulnerable, in my opinion, are the internets and the stocks which have run up recently.

I'll be trading DBCC and NAVR for sure next week, but they're more risky than a lot of other issues, so I'll be actively trading them, not holding for days on end.

After all is said and done, Jeff, I think we're in agreement here, as we usually are!



To: Trader J who wrote (3683)1/9/1999 1:43:00 PM
From: Provocateur  Respond to of 56535
 
NAVR DBCC

In my opinion, it is all simply timing. DBCC's week is this upcoming week, while NAVR's week will be either the 3rd or 4th week of January. As soon as DBCC finishes its run, the momentum money will flow into NAVR. NAVR will fly when its time comes. Meanwhile, I'm not convinced that it won't go lower in the short term. But I agree with Poet, there is a lot of tradeability to it in the interim.

Prov



To: Trader J who wrote (3683)1/9/1999 2:22:00 PM
From: Wes Stevens  Respond to of 56535
 
Jeff,

I have been sitting on both of these for almost two months. I think the reason navr has not run is that a lot of the people that will make it run are not will to tie up the capital for 2 to 3 weeks. The navr ipo could be as far away as the first week in feb. It should run this next week some no matter what in sympathy with dbcc. Also the new ceo and the ipo announcement may come together. We will see. Your gut about next week my be right!