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


To: Sarmad Y. Hermiz who wrote (104164)5/26/2000 6:04:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
I want to say that when a person goes to a presentation by a broker where the management
of a pyramid scheme lays out their pyramid scheme, and the broker company by virtue of
sponsoring the forum lays out their intention to pump the pyramid and then the persons see
the intended scam start in progress and they hurry up to get in on the front of that scam,
that yes that is stealing. The fact that securities laws don't define it as such does not make it
less repugnant.


Sarmad,

I do agree with you here.

I am also saying that ferreting out short squeeze opportunities and participating in them is
stealing.


I also agree.

Do you not find it ironic that we had to cover Amazon on the day it rose to its all-time high?
and then it started its drop of 60% on that very afternoon ? Did you not feel robbed ? Who
do you think was on the other side of that trade ?


Yes I did and still do. The other side of the trade was the people long but often the catalyst is an analyst. For example, when Blodgett made his pre-split AMZN price target call of $400 and it went there in two day, he was aware of all the shares being shorted. An person could not locate shares to short at that time. That was why I believe he made that call that day and then used to notoriety to obtain a more lucrative job.

Glenn



To: Sarmad Y. Hermiz who wrote (104164)5/26/2000 6:13:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
I want to say that when a person goes to a presentation by a broker where the management of a pyramid scheme lays out their pyramid

Then Sarmad, you absolutely have to include the hot IPO players in the past 2 yrs!!