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


To: Sarmad Y. Hermiz who wrote (112040)11/21/2000 3:11:52 PM
From: Jan Crawley  Read Replies (5) | Respond to of 164684
 
I bought EXDS

Sarmad, I will try to watch the exds L2 for you and say "pushhhh". <just kidding>

But on a more serious note; that we all "know" that in a down-market, the players(or the fools as you called them) are going the short/cover route. Which means that there are less buyers and a lot more selling and shorting/covering; therefore the low volume.

Unfortunately, the players(shorters) are non-emotional about Amzn, but very serious about "maximizing short profit/minimizing short risk"; which means that their objective is not "Amzn to Zero, or Amzn to bankruptcy". They don't care if Amzn goes to $5 or $50 from here, their responsibility is(and should be) to themselves.

Fortunately, non of us have to play.

Those are just some of my thoughts, but I can be very wrong.

Regards!