Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: H James Morris who wrote (3089)	4/16/1998 9:01:00 PM
From: Candle stick	Read Replies (1) \| Respond to of 164684

There is a lot of concern over the short position. There shouldn't be. Here is why...... From thestreet.com on Cendant, but applicable to Bezos: <<So who was short? A lot of it could be longs hedging to lock in gains. Another theory is that a portion of the short sales stemmed from forward sales from company insiders. In the last several years, investment banks have increasingly devised ways for insiders to access the value of their stakes without actually selling the shares. Often, the brokerages essentially buy out executives with a loan that the executives pay back in stock. Then the brokerage goes out and shorts the common to lock in the spread. >>