NOVL is up 39%

Discussion in 'Trading' started by heilbronner, Nov 4, 2003.

  1. NOVl is buying a Linux company and everybody is getting nuts. Almost seems that Wallstreet experts haven't learned a damn thing. So wallstreet experts and top managers react like the "crowd", IMHO there is no difference, except the salaries.

    Novl is losing money for several years, even if they make a turnaround which was predicted in the last years several times( I remember a cover story in Barron, IMHO in 1999, saying that Novl was a gem, which turned out to be totally wrong), they are still a fancy bubble with not much room for errors if you take a look at fundamentals.

    IMHO the bubble is emerging again and bringing new sheep into the arena. That is definitely good news.:)
  2. Mecro


    Could be a good options play.
  3. Selling vola?
  4. Selling vola turned out to be quite profitable in NOVL. :p