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 226.19-1.8%Dec 12 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Peter Church who wrote (7812)6/27/1998 2:43:00 AM
From: Andrew  Read Replies (1) of 164684
 
I don't have the exact numbers but it looks like the momentum players are in deep
trouble. They are long probably close to 10,000,000 shares purchased closer to
100 and above. That's almost $1B. What can they do about it?

I doubt it. Probably most momentum players were already in on this, since last week. 70-80 level, Small investors and late comers were the one who raised up to this level.

I haven't seen no serious plunge, except for last Thurs ( when they dropped 7 pts). I'm sure that it's coming, but trying to have some ideas when that might be. I think some downgrade ratings from major brokerage firm will do.

Andrew
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News