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


To: Glenn D. Rudolph who wrote (4779)5/28/1998 9:24:00 AM
From: gbh  Read Replies (1) | Respond to of 164684
 
Glenn, which of the internet brokers do you know of that are calling in shares? Also, doesn't it make logical sense that each buying spree like yesterday (heavy volume), might make more shares available for the shorts? Or do you think yesterday was part short squeeze?

Gary



To: Glenn D. Rudolph who wrote (4779)5/28/1998 9:24:00 AM
From: Candle stick  Read Replies (1) | Respond to of 164684
 
Hmmmm. seems to be a manipulated squeeze right before the split....how can everyone at once call in their shares? I think that people like Bezos and other large holders play with their accounts, letting millions of shares go into margin accounts to be lent out to shorts and then when the stock gets weak they yank them out of the margin accounts and demand delivery to cause a short squeeze.....

I really believe that this is what is going on.....they can support the price like this from time to time, but eventually the stock must trade on fundamentals, and not just the short position....don't you find it odd that 2 days before the split suddenly noone will lend shares to short and shorts are being called in?....;^)