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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 234.29+1.3%Jan 22 3:59 PM EST
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To: re3 who wrote (67798)7/15/1999 1:18:00 PM
From: KeepItSimple  Read Replies (4) of 164684
 
I'm long AMZN, and have been for the last two days. I fully except Bezos and his marketmaker buddies to run this stock to 156 and keep it there for 30 days. The impact that 28-30 million interest payment would have on their "earnings" number would be enormous.

There is simply no possibility that AMZN will not trade above 156 within the next 2 weeks. And it will stay there.

Even though this company is doomed to utter collapse in the long term, I will NOT bet against the abilities of Nasdaq dealers to move this stock where they want it.
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