Amazon.com, Inc. (AMZN) Message Board

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

AMZN 229.60

+1.5%

Nov 25 3:59 PM EST

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To: IMPRISTlNE who wrote (9804)	7/9/1998 11:22:00 PM
From: umbro	Read Replies (1) of 164684

The next question is where will the shorts cover? Let's say you're short the stock, or holding puts, and hypothetically, the stock gaps below 80. What're you going to do? If it were me, I'd take the money. Then we see the bounce. Another great time to go short. Just trying to think ahead .... Seriously, if AMZN gaps down that hard (to 80), I'd look at buying the Aug 100 calls at the open.

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