SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Saita who wrote (123556)4/12/2001 7:24:37 AM
From: PAUL ROBERTSON  Respond to of 164684
 
at least no one can claim that it is the evil shorts that are destroying the potential of the stock. Todays action should prove interesting as the short term chart is quite bullish projecting a little higher.



To: Saita who wrote (123556)4/12/2001 11:07:35 AM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 164684
 
<<In your opinion - Does it mean that "someone" can block all shorting and pump it to 20?>>

Given the history of this stock, it's certainly possible in a very limited time frame. Of course, at that level the heretofore trapped bagholders would dump and make lots of shares available to short...so it wouldn't stay there long.
Basically, that's what happened in the last big squeeze (from the low 20's to 40 in October). Then the price pretty much collapsed, never to see those levels again...

stockcharts.com[l,a]waclyymy[pb50!b200!d20,2][vc60][iUb14!La12,26,9!Lg]