Amazon.com, Inc. (AMZN) Message Board

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

AMZN 233.95

+0.3%

3:59 PM EST

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To: Andrew who wrote (9342)	7/8/1998 7:04:00 AM
From: UFGator93	Read Replies (2) of 164684

Hello, Andrew. Since no one else has answered your post, I will try to. I'm not 100% certain on my answer but here goes. To be "boxed" is to have both long and short shares of a company. I don't know if the term implies an equal number of shares or not. The thinking behind this method of investing is that when a company like AMZN rises a ridiculous amount and then falls, you can make money both ways. It's just a matter of knowing when to "unbox" or sell the long shares that you have (in this case). From a general standpoint, I believe "unbox" simply means to close one position, long or short, and continue only with the other one. A major benefit of being boxed is that those that are boxed right now do not lose money no matter which way the stock moves. Of course, they also don't make any for the time being. Hope this helps, Damon

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