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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: TARADO96 who wrote (1507)8/26/1999 10:03:00 PM
From: ChinuSFO  Read Replies (2) | Respond to of 19374
 
Vendit and TARADO96

Is there a rationale provided by the current TA that AMZN is likely to go up after the split? Typically a stock goes down. Tara, are you anticipating that because of the current momentum of AMZN, it will be sufficient to carry it past the +10 points (post split) that you mention of? Or maybe the investor psychology (those that are not in) when they see AMZN in the affordable range of $70 that they will rush to buy the stock.

Regards

Chinmoy