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.
Microcap & Penny Stocks : Amazon Natural (AZNT)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cavalry who wrote (3788)9/5/1998 2:58:00 PM
From: zonkie  Read Replies (1) of 26163
 
Soon Cav. Here's something for you to think about in the meantime. Please tell me what you think.
quotecentral.com
Does aznt deserve a market cap of over 100 million dollars? I certainly don't think so and therefore think the share price is much higher than any logical person would pay unless maybe they thought there was another reason besides fundamental value for purchasing the stock. A short squeeze where you might get in and catch it before the big runnup and then get out at a profit is another reason this stock might be attractive. Apparently some people on this thread seem to believe there is just such a short squeeze going on or coming. I say there may have been a short squeeze but if there was it appears to be over. On august 11th, 98 aznt closed at 34 cents, from there it ran up to a high of $2.06 on the 25th. That was 9 trading days ago and the volume on that day was 398,000. Since then the volume has not broken 300,000 one time and has only broken 100,000 on 2 days. Since the 25th of august the share price has declined every day but one. What I am saying is that it looks to me like if there ever was a short squeeze it started on the 11th of august and was over on the 25th when it went from .34 to 2.06. That's almost a 6 bagger and the people that sold at 2.06 did very well.

zonkie....
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