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


To: Candle stick who wrote (1522)2/11/1998 11:29:00 AM
From: Don Westermeyer  Respond to of 164684
 
Candle,

My pockets are deep enough!

I never initiate a short position without 100% backing.

This thing got squeezed to $66 before!

Since the shares are so hard to short, I wonder if the purpose of the squeeze is to get some of those shares, maybe for the options specialists. - That's is just a purely speculative thought, don't read too much into that.

I just can't believe this stock will push to $70. Too much option open interest says otherwise. I'd guess the stock to be in the $60 - $65 range when options settle this month. I know, what a prediction!