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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,
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To: Dale Baker who wrote (2804)1/6/1999 8:57:00 PM
From: xcr600   of 122087
 
<< Unless there was a lot of short covering on AMZN's drop yesterday, the short interest is
the same. Shorters now owe three times the shares at a bit more than 1/3 of the old price.>>

Right. My point was that more people can afford to buy the stock at 130 than at 400. Look at the volume daily over the last 60 days. You'll see what I mean. Notice today's huge vol day. Everyone can afford to play it at 130.

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