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

To: Candle stick who wrote (2028)	3/9/1998 7:31:00 PM
From: Ken Pomaranski	Read Replies (2) \| Respond to of 164684

<< Why Ken! You flatter me! >> Thanks! ;) Actually I have to apologize. I 'may' have misread your intentions. I'll reserve judgement for awhile. I actually do think that these boards have a VERY great effect on the stocks they follow. Especially stocks with very little float. I think they have the opposite effect, however. Because of the very negative nature of this board, (and all three boards for that matter) this stock will not drop until the float increases. This stock is moving purely on dynamics. The dynamics consist of stubborn shorts who keep shorting, and as the stock goes higher it becomes a better short! It just feeds on itself. This stock WILL drop at some point, and I intend to make BIG money on the way down.. But for now, I'll keep riding it. (It is getting a bit scary, I do admit). The shorts who are in here now are the 'weak' shorts. (I'd say that for 25% or more of them AMZN is the first stock they ever shorted). I'd say that AMZN has about 2 splits (and some more insider sales) before the shorts have their day. 10 billion market cap will be the end. (5x from here) IMHO. One more point: About every third post posts links to the edgar stock sale filings. Has any bear added up the total number of shares being registered? I didn't think so... We trade that many shares in two hours... BTW: The post I was responding to was the one which you made the leap that AMZN would retest 44 because CPQ warned. You also noted that 'because AMZN was overvalued, it would fall harder and faster than any other stock'. (paraphrased) What interested me was the fact that you posted that same message on three different boards. I couldn't figure out why you would spend the time to do that. Either: (1) You are looking out for us longs. Trying to protect us. (2) You are 'spreading the news' to try to scare out some longs. In either case, you do provide some insight, which I find valuable, so questioning your motives is moot anyway... Good Luck! kp