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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Glenn D. Rudolph who wrote (32938)1/6/1999 9:29:00 AM
From: MoonBrother  Read Replies (2) of 164684
 
Glenn,

>I am still short but may bail today. Enough is enough.

I just feel sorry for you. Remember couple months ago when AMZN was at $150 I had "begged" all you shorts to close your positions and go long. I said if you did, you could have covered all your loss in couple months. You didn't listen. Several others didn't either. Today looks like AMZN will trade at $450 pre-split, and you finally decided to bail. It takes you $300/share to finally concede! What a sad story!

Well, it's still not too late to join AMZN. It will take only a double for you to break even if you buy the same amount of shares you shorted at today's price - if you still have money left that is.

Remember I said AMZN could very well go down to $10/sh eventually, but you may not alive for that day. You asked what I meant, well what I meant was that you would have been killed long before AMZN started to drop.

A life-long lesson for you I guess?

Take care.

MB
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