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Strategies & Market Trends : SOES Trading
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To: mark mallen who wrote (1051)11/10/1997 5:59:00 PM
From: Candle stick  Read Replies (1) of 1618
 
Try AMZN....19.3 million shares come out of lockup on Nov. 13th and the current float is just 3 million.....they have yet to make a profit and the company is valued at 1.5 billion $ with just 90 million in sales.....whatta a joke recent high, 65....todays close 50 1/2....been dropping 2-3 points for several days now, about to collapse towrds mid 20's...IMHO....great for daytrading, the spreads are wide and it moves frequently.....check out the AMZN thread for more details....;^)
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