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To: Colin Thorpe who wrote (5680)1/29/1999 12:00:00 PM
From: Dave  Read Replies (1) | Respond to of 27722
 
Colin,

Not sure about the timing of the announcement except that I expect it to be next week. NAVR has been a position trade for me...I've been holding it pretty much for 3 weeks or so. I traded it once. Typically, I have two accounts. One I keep full of long-term holds..mostly growth stocks. Right now I have ACEC, NCES, and THQI. The only reason I would leave these is because of bad fundamentals or a market tank that might take them down and allow me to buy in lower for more shares.

Then I have another account that I day- and position-trade. NAVR is in that account and I usually don't play around with a ton of stocks. I like to get to know a few really well..it's a lot easier to follow their news and trading patterns that way.

Sounds like you've got a bit of a drive. Get a laptop so you don't have to get stuck at home. :-)

Good luck!

Dave



To: Colin Thorpe who wrote (5680)1/29/1999 12:01:00 PM
From: Annette  Read Replies (2) | Respond to of 27722
 
OT=====

Could someone direct me to a site that shows all the stocks that have announced a split and shows all of the actual date of record/date of split?
Thanks!

Annette

IPO is coming...can you hear it?? Choo choooooooooooo!



To: Colin Thorpe who wrote (5680)1/29/1999 12:05:00 PM
From: Curbstone  Read Replies (2) | Respond to of 27722
 
Colin, not that I'm an expert or anything, but to use an analogy, daytrading is something like big-wave riding. The knowledge of how to do it is accretive. You don't wade into 20-foot surf your first or second year. Competence in big-wave surfing doesn't come overnight, you cannot instantly translate small wave surfing prowess into big-wave riding, and it not something you are born with. Those men you occaisionally see on television (or at the beach) who are making it look easy have more than likely spent the better part of their lives perfecting their style and growing in their ability to handle larger and larger waves. Every year, on the North Shores of all islands, people die, usually from trying to bite off too much wave too soon.

Of course, you knew this.

I really appreciated Tom's perspective yesterday. It was nice to be given that kind of information in a rational reasoned manner instead of the typical, stupid, short-seller prophecies about upcoming news with no reference, and the always enjoyable, "How low can this dog go?" posts.

Mike