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 233.95+0.3%Dec 1 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Glenn D. Rudolph who wrote (5528)6/11/1998 10:14:00 AM
From: H James Morris  Read Replies (2) of 164684
 
Glen, hang in there, you've probably never been caught in a short squeeze before and it can be brutal. I believe that Jeff Vinik was behind this, but like I said earlier, its legal.
This one was very well planned out. Thin float, Lots of shorts, Lots of critics that for business fundamentals, wouldn't sell their shorts/puts.
They now control the float, which means they have the shorts by the balls. Like I said before, they own the show and the first sign of them leaving will be when we start to see some substantial shares available to short.
Good luck to you.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext