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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.90+0.4%3:59 PM EST

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To: Bill Harmond who wrote (13643)8/15/1998 9:17:00 PM
From: Jan Crawley  Read Replies (1) of 164684
 
William, Would you comment on the following...

Amzn short interests
swarm.glamus.de
Pricing history for Aman
tradepbs.com

From the above Info, we can clearly identify that Amzn's short squeeze started on 6/8 @$43 and was halted on 7/7 @$143.

Short interests was 8.7 million shares when it started on 6/8, reduced to 7.3 million shares shortly before 7/7, and supposedly stands at 4.5 million shares currently per Friday's posting.

Now that we have learned that shorting affect the number of shares "sold" on a one-to-one base; therefore, the Fact is that at the time of the 6/8 squeeze;

10 million Amzn shares(since IPO) were sold as 18 million shares:

10 million shares(certificated) + 8.7 million shares shorted/sold to new buyers


Therefore, the big squeeze.

Questions to you, with so many potential sellers, diminishing shorts as forced real buyers, where/who is the future buyer.

How would the above affect your TA analysis/reading...

Thanks
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