Amazon.com, Inc. (AMZN) Message Board

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

AMZN 220.66

+1.6%

3:59 PM EST

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To: Si_Detective who wrote (56813)	5/14/1999 3:34:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

>> Did you notice the very tight low/high spread in AMZN under this market condition, I wonder why? Don't know why, but my interpretation is no buyers to spike it up. And either no sellers or very few. Volume is low. So it is not a selling panic. It couldn't be day-trading because the range is very small. Lack of interest. But usually that leads to a down spiral, because a lot of the support for amzn is from day traders. When they are absent, there are not many real buyers.

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