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


To: Dean who wrote (4461)1/14/1999 4:44:00 PM
From: MMK  Respond to of 56535
 
Dean: NAVR

I was just being a smart ...

Actually, I do believe this is a hold until IPO news and although I have bought it higher than it is now, and certainly higher than yesterday, I feel OK in holding it. Recovered nicely yesterday after 6 point drop and up again today in the falling market. It just needs that push to get it over the top. It was up to 27 not long ago on news, so I think it should make that again. Sounds like the CEO is familiar with the company and has had dealings with IPO's in the past. Good combination- imo. I'm fairly new at this too. Fun, heh? Good luck with your trading.

MMK