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

To: Glenn D. Rudolph who wrote (74559)	8/18/1999 8:48:00 PM
From: KeepItSimple	Respond to of 164684

Ah.. Every time they bring out the shiny bracelets for internut stock criminals, I get a warm feeling in my tummy. :) Now if only they'd stop focusing on the small fries and go after the real crooks... biz.yahoo.com

To: Glenn D. Rudolph who wrote (74559)	8/18/1999 9:12:00 PM
From: Sabrejet	Read Replies (2) \| Respond to of 164684

Amazon will fall, period. How's that? Tomorrow, or Friday, to it's eventual bottom, I don't think so. Where I came from is irrelevent. Follow Jan or whoever. I also DO know a hell of a lot but never did I say everything. Stop being so defensive. I gave you more credit than I should have. Short interest and the theory behind stock swings with large short interest is fundamental. One of the largest misconceptions on WS is that the daily volume of a stock and it's price movement is directly related to it's float. Only in very specific situations. Why does a stock like IBM go from 80 to 140 in a month with a "float" like it has? It's far removed from "float" or plain short interest. Why did AMZN fall? Float?? No way. One reason is lack of bidders. Same sellers but no buyers. IBM from 80 to 140? No sellers, bidders coming in. Volume? Check IBM's at that time. Not much above it's average. My point here is to make money. I am short. I am expressing what I am convinced is the fall of HB at MER. I also can't believe if so many people here loved AMZN from the start than why buy today?? Why, if so convicted, didn't they buy at <90? I don't care but my first post here was attacking the "what a great buying opportunity today was" types. All those who suddenly knew AMZN was a good investment. Bullsh*t. That's why people are shooting others in day trading offices. The crap that is posted here adds to the fire. Those who bought at the open are in the hole now. People, including HB, pumped this all last night and this morning and many may now be screwed. Don't shoot me. Sabre!