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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (11793)7/21/1998 8:48:00 PM
From: JOHN CHEN  Read Replies (1) of 18691
 
I am putting off shorting AMZN till Thursday because I have reliable inoformation that AMZN is going to announce a 2 for 1 stock split tomorrow after the bell.

The street is expecting a 2 for 1 stock split and AMZN may very well run all the way up again tomorrow.

I will wait till Thursday morning when AMZN is gapped up at the high, then I will short it. I believe AMZN will close down big Thursday after profit taking.
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