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

To: saber hormi who wrote (2690)	4/2/1998 11:12:00 AM
From: zTrader_77	Read Replies (2) \| Respond to of 164684

At the moment I feel AMZN is short proof. With a float of 4MM shares or so, I believe that every share is shorted at this point. With the insiders holding all the shares and not willing to unload millions of them, then how could AMZN go down? When AMZN starts to retreat, the shorts start to buy to cover. The big funds know this and can manipulate the stock upward with 20K blocks. What we need is a 3 to 1 stock split. Then the float would increase to 12MM. With a 12MM float, the stock would implode due to the lack or real buyers. Someone mentioned that this is a short squeeze yesterday. AMZN has been in a short squeeze since it reversed at 50.00. Kirby