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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: GuitarMan who wrote (7987)4/28/1998 3:50:00 PM
From: Timoteo  Read Replies (1) | Respond to of 18691
 
AMZN-FWIW I tried selling my puts when AMZN was @ 89 3/4 and chased the spread up to 93 when I finally got a fill. That's one problem with options- you can sell at the ask and the #@$% still won't fill on low volume. With AMZN's admittedly impressive revenue growth and split upcoming, I think the momentum will be up from here. There is no logic to the madness, but you can't beat the lemmings. Remember, earnings don't matter and the split and share dilution will further reduce the per share loss! I'll stick with the Zit to the BB.

Best Wishes,

Timoteo