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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Sarmad Y. Hermiz who wrote (65084)6/28/1999 12:31:00 PM
From: KeepItSimple  Respond to of 164684
 
> Sorry to say I sold 400 amzn, then short 400 more at 103.

Good move. Now, you should consider leveraging your position by purchasing puts.

Just get in the right mindset. Understand that these stocks will never trade above these levels ever again. With that knowledge, place your bets appropriately.

Finally, I'm getting through to some people. As the stocks continue to collapse, I know I will get through to more.



To: Sarmad Y. Hermiz who wrote (65084)6/28/1999 12:34:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Sorry to say I sold 400 amzn

Sarmad, don't be sorry at all. I was pretty much out all last week, will just watch and feel today and maybe take some actions tomorrow.



To: Sarmad Y. Hermiz who wrote (65084)6/28/1999 2:09:00 PM
From: manito888  Read Replies (1) | Respond to of 164684
 
It is a good idea to short the stock at 220. But not at this price. At this price, it can go down to 20 just as mush chance as it can go up to 200 again. Thanks.