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


To: Peter Church who wrote (6362)6/17/1998 10:10:00 AM
From: slipnsip  Read Replies (1) | Respond to of 164684
 
Guarenteed to be the top. Just boxed at the open... So far I am a genious. :( Whoever said this was a trading stock was flat out wrong. For a good trading stock, you have to have volatility in two directions!



To: Peter Church who wrote (6362)6/17/1998 10:29:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 
Finally threw in the towel and bought back most of my naked calls. I still have 10 Jan
45's and 6 October 50's although I'll probably get a margin call on those today. Does
anyone have advice on what to do to protect my loss today on these naked calls.

I've been slaughtered on this one too.


Peter,

I really cannot help. I bought calls agains my short when the stock was at 80. Now it appears it will move down so I would say stay the course and I should sell back my calls. However, this stock does a head fake every day. I wish I could help.

Glenn