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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.16-2.4%1:58 PM EST

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To: Rob S. who wrote (68881)7/22/1999 1:13:00 PM
From: Marshall001  Read Replies (1) of 164684
 
Sorry AMZN posters. I usually do not post here but I felt compelled to add my 2cents. If you are long, You should be kissing the MM's butt. They have propped this dog up all day. Everytime the quote refreshes, the bid to ask ratios are awful. Yet they still push it up everytime even the smallest buy comes through. This is standard practice for AMZN. I have watched it for 3 earnings seasons now. Yes I am short but not much. I really feel bad for those who bought at 150+.

Good Luck either way. I just don't see how anyone can get excited about AMZN at 110. I will be covering around 80. I think this is possible in the next 10 to 15 trading days. Maybe sooner. I will buy and go long after normal fall correction sometime in late october, early november.

Thanks and Good Luck.

M
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