Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.66

+1.6%

Nov 21 9:30 AM EST

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To: Tom D who wrote (3604)	4/28/1998 7:40:00 PM
From: taxikid	Read Replies (1) of 164684

amzn stock will split as i expected. finally adding some liquidity to the outstanding stock..this will ease the squeeze so to speak.. but of course all the wade cook fanatics will be buying and buying, regardless of the potential for loss... as amazon struggles for profitablity, its outstanding float will grow and and short interest will dissipate and ultimately the share price will level to a reasonable price. but the volatility here will crush those sthorts and some longs who buy the tops thinking it is going to double or whatever.. one of the key fundamentals in shorting( not day trade shorts) is liquidity.. ktel is a prime example of how a small float can push the share price to the moon. the covering is someone else's forced buy..and when someone has to buy, they have to pay a premium. i have no doubts that amazon will be volatile and make big winners out of those who play the game correctly.. the little guy will continue foot the traders bill with his losses. taxi

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