Amazon.com, Inc. (AMZN) Message Board

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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: Olu Emuleomo who wrote (46451)	3/19/1999 10:25:00 AM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

Olu, I posted two long notes yesterday showing where the large blocks were selling. It only takes about 50k shares to move amzn price several points one way or the other. The true holders (people with 100k+ shares) are selling. The momentum speculators are trying to outsmart them. This 140+ price was manipulated. I know you don't have tick data, but if you could see it it will be as plain as day. You and me and Happy and anyone on this thread don't have any way to outsmart these people. All we can do is watch their direction and try to not get run over.

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