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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 222.55-1.6%3:59 PM EST
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To: Mandinga who wrote (30953)12/23/1998 9:17:00 AM
From: KeepItSimple   of 164684
 
>Puts are way TOO expensive for this stock. Don't you think?

Absolutely, but they are the _only_ way to play the short side of Amazon. If you short actual shares, you run a very high risk of having them called away at any time due to coordinated brokerage squeezes, even if you can handle the losses if the stock goes up.

Plus, getting the darn shares to short is nearly impossible, and absolutely impossible on a daily basis. (ie, you only find them every few weeks)
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