Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

AMZN 247.35

+0.4%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rob S. who wrote (37786)	2/2/1999 8:11:00 AM
From: dave michaels	Read Replies (2) of 164684

Thanks for responding. It still seems AMZN will move to $160 soon because of the offering regardless of when they are allowed to execute options. My reasoning is that no one will actually execute options until they have to (so they keep 4.75%), but they will short against them over and over if the stock goes up enough above their purchase price and then cover as it falls. I see this cycle repeating and keeping the stock in a trading range between $150 and $200 for a long time. On another note--I see that 60 Minutes is doing a special on AMZN tomorrow night. Literally millions of people will see that and if even 100,000 are intrigued enough to go out and buy 100 shares, that's 10 million shares --more than today's total volume...Of course it could tank on a negative report, but I can't imagine anyone saying anything really bad about AMZN except to question the valuation --which hasn't stopped buying in the past... Again, please check my logic. I'm invested big in this and I don't want to overlook anything. Thanks!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next