Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 234.37

+0.2%

Dec 2 3:59 PM EST

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To: Saita who wrote (123519)	4/11/2001 8:44:18 PM
From: patron_anejo_por_favor	Read Replies (2) of 164684

<<I tried to SS this BS today maybe 15 times at Datek. All the day long same answer: "U can't short AMZN today">> It wasn't just Datek, it was also Fidelity, and (I believe, CSFB per another poster). This tells you that short interest is VERY high in that most of the available shares are already loaned out. It also means that it may be easy to engineer a short squeeze, if someone is so inclined. I'm no fan of Scamazon, but it's a bit of a warning flag.... If you're dead set on shorting it, buy the in-the-money near term puts (ie, April 15 puts). If they remain in-the-money before expiration (or if the premium gets low enough) you can simply execute them. This is NOT a recommendation to do it, but if you absolutely must, it's one way to accomplish your objective. Regards Patron

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