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 227.58

+0.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GST who wrote (44823)	3/9/1999 5:30:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

GST, Forget about AMZN puts. At least buying them. You know every day last week I was asking three questions: 1- why did amzn interrupt its up-trend on on March 1 and drop from 135 to 121 ? 2- Why are no brokers speaking up for it ? 3- how would amzn do on a day when it gets no help from the market? I think we have the answers today and they are very favorable to amzn (the stock). 1- the drop obviously seems to have been caused by fears of revenue shortfall. With DLJ re-it today, it seems the problem will be either ignored, disappeared, or explained away. 2- Today they started, and I believe there will be more. 3- amzn's moves are not related to the market. Dow and nasdaq were going thru the roof, amzn did nothing. Dow and nasdaq drop, amzn goes up. The only thing that moves amzn is brokers, and they started to talk it up. You'll have to wait a couple of months for puts to have a chance.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next