SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 232.07-0.2%10:38 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Oeconomicus who wrote (588)10/28/1997 8:22:00 PM
From: Don Westermeyer  Read Replies (1) of 164684
 
Bob,

I'm not confusing these shares with a secondary. However I believe that you will see some insider selling and some shares being sold to raise cash for the company, if not now, withing the next year. Even a million shares added to the float will kill this stock.

People seem to also forget more competition is likely to start up soon.

I'm not sure what will trigger the decline, but it will happen.

BTW- I have deep enough pockets an can withstand a squeeze (which I admit might happen). I am quite comfortable being short on the stock. Like I said in other posts, don't bet the farm either way on AMZN.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext