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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: KM who wrote (49602)3/9/1998 9:11:00 PM
From: Naggrachi  Respond to of 58324
 
>>KP: I wanted to short AMZN today. Couldn't get any #$@$##@$# shares. What is driving that sucker? >>

You mean you have more money to lose? If you don't understand what is driving this sucker, why would you bet against it?

For brief, yet, thourgh explination, go to TMF and read the first paragraph of the evening news. Then, you'll know what's driving this puppy.

Zead



To: KM who wrote (49602)3/9/1998 10:18:00 PM
From: Ken Pomaranski  Read Replies (2) | Respond to of 58324
 
OT:

<< What is driving that sucker?? (AMZN) >>

It's called: SHORT SQUEEZE! same as what happened to IOMG back in
the 'old days'. The funny thing is, you guys probably would have
shorted IOMG back then also...

Also, it's people looking for growth. If the hardware companies
are stagnating, then what?

Actually, I described exactly what's going on over on the AMZN thread.
It's a reverse of the effect going on here.

I'll put it simply: The online investors (SI, YAHOO, MF, etc..)
hate the stock. Therefore, it must be a good buy! 19 of 20 posts
are negative. These neophobes short the stock, then lose their
behinds as it goes up more. repeat.

So everyone please short AMZN! The stock is terrible! They are
losing money! It's a great short! dump IOM and short AMZN! It's
WAY, WAY overvalued!

kp