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

To: zTrader_77 who wrote (2691)4/2/1998 11:24:00 AM
From: Tom D  Read Replies (1) | Respond to of 164684
 
A 3 for 1 stock split triples the open short interest, as well as the float.

How is that going to change the impact of short squeezes?

Tom D



To: zTrader_77 who wrote (2691)4/2/1998 11:44:00 AM
From: Candle stick  Read Replies (5) | Respond to of 164684
 
Based on the short position of 3.5 million shares, then, according to CNBC, yesterday, when they said ..." 30% of the float in AMZN is short".....that would imply that the float is just about 11.5 million shares, not 4 million.

So we now know the correct float, most likely increased due to the recent insider selling. It is 11.5 million shares..........;^)


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