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


To: Victor Lazlo who wrote (6678)6/18/1998 9:40:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Jan the "short-squeeze" thing has been greatly exaggerated. The shorts would have had to cover about 49 times already to match the level of press they are getting here. Please do a bit of math.

Hi Victor,

I am sure that you are making valid points and I have to yield to your knowledge and insights if you are right. However, NASDAQ double counts volume and Amzn is really just a trading stock for manyyyyy, me included.

But, the concentrated /cohesive effort of the past week by the ???? cannot be all "nature". I guess that after the big boys were forced to return their short shares, they knew that the squeeze/action was imminent and they started to buy calls/shares so they may recover their loss from/during the following squeeze, then others followed...and snow ball began...

Well, just my thoughts, feel free to correct.

Ty, Jan