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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.22+1.8%Nov 28 9:30 AM EST

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To: re3 who wrote (36614)1/25/1999 5:55:00 PM
From: KeepItSimple  Read Replies (2) of 164684
 
Easily explained. The bad news this morning caused a lot of people to short the stock. The daytraders with 10:1 margins knew these newbie shorts would be easy to squeeze, so they simply bid the price up and forced them to cover- which caused the price to go up even more.

>cannot believe in my wildest dreams why ebay was up today...look what >was announced about the co. on the net...
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