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


To: Olu Emuleomo who wrote (85283)11/26/1999 5:03:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164685
 
they are NOT scared yet

Olu, my problem with going long on Amzn from here is the short interest. I told myself that if the 11/99 SI is over 40M then new highs will be there. But instead it dropped to below 29M. More than 9M Amzn shorts were covered during the week of 11/9/99 as Amzn was trading under $70.

Nov.99's SI is based on 11/9/99's closing number as far as I know. Correct?