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: Glenn D. Rudolph who wrote (133366)10/23/2001 6:58:41 PM
From: Bob Duncan  Read Replies (1) | Respond to of 164684
 
" I did not look but was the put open interest much higher than typical going into their numbers? "

Not that I can tell. Call volume was massive vs. Put volume, but who knows if that means much.

On paper it is down after hours but if you factor out that 30 cent gain 10 minutes till 4 it really is not down much.

This stock reminds me of MU in MANY ways. Almost impossible to play short term and the long term options are too expensive in my view to straddle the stock.

I will prob. unwind tomorrow AM for a small loss unless we see bigger swings premarket. If these earnings (poor) cant move it, I dont know what can.

I did read 15% of the float is now short, so that could limit it somewhat, but like you said, why cover? This stock is no different then say INKT and it tanked even with a lot of short interest.

BTW, I have read your comments on AMZN for I believe 3 years now. Full of insight, as are most SI posters...