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


To: William G. Murray who wrote (8598)2/10/1999 10:41:00 PM
From: MMK  Read Replies (1) | Respond to of 56535
 
William:

Glad somebody is making some trades on NAVR. I saw it today at 14 and thought it was still headed down, so looked away and a bit later it hit 16. I would have loved to get back my loss...maybe tomorrow.

Still holding at 21.5...ahhhch...and am looking at it as an event trade. The event will most likely happen, just when is the question.I think it makes sense for them to wait with the announcement until after the market has recovered a bit and more money is coming in..IMO

Just realized Mon. is Presidents Day. Market closed, right?

MMK



To: William G. Murray who wrote (8598)2/10/1999 10:41:00 PM
From: Trader J  Read Replies (1) | Respond to of 56535
 
William: NAVR - As far as I am concerned this company and their management can rott until they announce the IPO, I am even willing to miss out on the initial spike, and will play it after that.

Too many other issues out there that deserve attention in my mind. I still like NAVR as it is "sure" (as ever there can be) money, but not yet.....

Tj



To: William G. Murray who wrote (8598)2/11/1999 7:31:00 AM
From: Wes Stevens  Read Replies (1) | Respond to of 56535
 
Navr,

I am watching it, but think it will trade much lower before they announce the ipo. If it breaks 10 in the next two weeks I will probably jump in.