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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 228.47+0.5%3:08 PM EST

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To: Jay8088 who wrote (18401)9/25/1998 10:49:00 AM
From: Jan Crawley  Read Replies (1) of 164684
 
Jay,

I am very much a bear Amzn until about $40 to $45 per share for this year.

But I think "a whole bunch" of large and amall trading houses, traders are trading this stock all the time based on it's float/short interests/sellers/MOMO general environ...and all those traders following each other and creating a very volatile Amzn price environment!!

This is the only stock I box-trade, a 200 shares box. I am trying YHOO with a 150 shares box.

I was asking your position with intention that maybe collectively we can form a strategy or two to minimize/maximize your loss/gain on your current position. Hang-in there, I realized a 60K loss in three weeks three months ago, but I think I had the oppt. of cutting the loss in half, if I had made a few "correct moves" during a very stressful 3 weeks period. :))
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