Amazon.com, Inc. (AMZN) Message Board

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

AMZN 238.17

+0.6%

Jan 15 3:59 PM EST

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To: Robert Rose who wrote (27448)	11/20/1998 7:24:00 PM
From: Y2k_fan	Read Replies (1) of 164684

AMZN is over-shorted, and this is why it can keep the price inflated. Ask yourselves, how many people short against the box? How many people write naked puts? How many people write naked calls? All those actions plus external panic buying cause the demand so high to an unrealistic level. The MMs can easily calculate the demand the kill all the shorts. Just don't touch it, it will die several quarters from now. The more you short it, the higher it will go. Don't get greedy.

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