Olu,
If you believe that one shouldn't buy stocks one has reservations about, then you shouldn't buy AMZN either, right? ;-)
You have chosen to be long a stock that you believe will crash. Again I feel that I must be missing something and you advise not buying a stock you don't have confidence in. Short interest:
AMZN Amazon.com Inc. Shrs shrt av dly vol ratio 08/98 7,393,153 4,058,855 1.82 07/98 7,315,908 6,115,480 1.20 06/98 8,745,144 2,073,044 4.22 S 05/98 8,625,816 2,347,938 3.67 04/98 6,785,588 1,656,824 4.10
Do you have more recent and convincing #'s regarding the coming squeeze?
Thanks,
surfinSteve |