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Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?


To: Jor-El who wrote (15871)5/3/1999 12:04:00 AM
From: Marketeer  Respond to of 27722
 
How high will NAVR go?

Jor-El, you echo my sentiment exactly. I played DBCC for a mere 11 days for approximately 124% ($17-to-$38) return, not counting the margin leverage and shorting on the way down from $38. I tell you I got such a rush when it spiked to $46 then dropped to $31 within 30 minutes the following morning. WOW! Will never forget the experience.

Shortly after that I bought my first batch of NAVR. It's been a long 3 months. I am not sure I will try to trade it tomorrow or another other day before the IPO. One thing is certain. The rise will be anything but slow and steady. I expect NAVR to jump all over the place.

To the backdoor IPO newbies, take a look at the DBCC, ZD, and DLIA charts. The period of maximum returns is usually within a few short, volatile days. Look for the spikes anywhere from 7 days to the day immediately before the spinoff.

How high will NAVR go? From my previous "calculation", NAVR can be reasonably expected to peak near $37.50. It all depends on how high are the pre-IPO Hype Factor (ie. numerical accounting of press coverage, market condition, momentum buying, shorting, covering, and float impact) and the NETR first day valuation. Play with the formula (NAVR = 8 + 0.21* HF * NETR) to see what we can get. If we use HF of 2 and NETR at 130 (matching DBCC/MKTW's conditions), NAVR can attain a peak of $62.60.

For the record, I submit NAVR will peak at $33.7 +/- $5.5. This is going to be a kickass ride!

Marketeer (Mars-bound)