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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Michael who wrote (10528)6/24/1998 9:51:00 PM
From: larry  Read Replies (4) of 18691
 
The short interest on AMZN as of the close last Friday was over 9 million. The number you quoted is from the Nasdaq June short interest.:)

I have said again and again that new AMZN shorters are going to massacre their predessesors, while waiting to get massacred by the next group of short sellers. It's a simple demand and supply issue. When the short interest is more than the float, any person with a brain that is still working knows that he will lose his pants by shorting.

BTW, how the hell can the short interest be greater than the float?

larry!
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