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


To: H James Morris who wrote (5245)6/9/1998 11:24:00 AM
From: Candle stick  Read Replies (1) | Respond to of 164684
 
How often do 2 1/2 billion dollars companies rise 22% (41 to 50+) on no news?

....in less than 3 days?

....if AMZN closes here at 50 1/8 it will be the second largest one day gain ever......on nothing........;^)



To: H James Morris who wrote (5245)6/9/1998 11:53:00 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
James, thanks.

It was a quick question as I was considering to adjust(down-ward) the asked premium on uncovered call selling. I am glad I did not yesterday and thank you for your/Mark's comments.

The 3 Jun 47 1/2 uncovered calls is just confirmed at $3 premium. Have to wait and see now, But I got that lucky feeling again.

Very sorry for the shorts being squeezed right now..hope that most of you are pros and know how to handle....

p.s. Asked to short 200 shares at $50; but the order was rejected(which means shares are not avail.)