Amazon.com, Inc. (AMZN) Message Board

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

AMZN 234.29

+1.3%

3:59 PM EST

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To: Glenn D. Rudolph who wrote (22517)	10/21/1998 10:35:00 PM
From: OtherChap	Read Replies (2) of 164684

Glenn, be careful. This will be the mother of all short squeezes, as they want to have the price as "impressive" as they can before they announce the 2:1 split next week. The closer to 150, the better. That gives a chance for a 3:1 split. I expect a gap up of 2 tomorrow, followed by a late day rally of 5 to 6 points. If you want to hedge your puts I suggest buying some calls as soon as possible.. :) The manipulators haven't even begun the final push. It will become increasingly devestating to anyone short. Another two "12 point up" days will force margin calls left and right. :(

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