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


To: Candle stick who wrote (5186)6/8/1998 4:20:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Yes, tomorrow will be interesting. However, i think were're going close to 48 before we get some of a pull back short-term.



To: Candle stick who wrote (5186)6/8/1998 4:23:00 PM
From: H James Morris  Respond to of 164684
 
CS, we are in an attempted short squeeze.

There have been no shares to short for almost 3 weeks (this 100 or 200 thru datk(sp), is a non event (but would make an interesting discussion).
Notice the volume 892,300. Do you think that was us little guys buying? No way. Now it might have been some little guys folding and buying to cover.
Because of the thin float, this stock is being brought in and I think we all know who they are.
A short squeeze occurs when the the manipulators think they have your balls and you have no other option but to buy to cover.
Do not underestimate what I'm saying, as its the only explanation for todays action.
How much longer can this go on? They might take it up to the old high of 100, 50 pre-split, or higher. Welcome to the worlds largest Casino.
Sorry more volume after the close.
<AMAZON COM INC(AMZN)
Bid: 46 1/8 BidSize: 10 Open: 43 13/16
Ask: 46 1/4 AskSize: 5 Close: 44 1/4
Last: 46 1/4 High: 46 5/16 Div.: 0.00
Change: +2 Low: 43 1/2 Yield: 0.00
A.High: 50 P/E: 0.00 Volume: 908300
A.Low: 8 1/4 EPS: -1.51>



To: Candle stick who wrote (5186)6/8/1998 5:46:00 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Well CS i did your drawing as you suggested and it looks like we did go through that today.