SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: F The who wrote (7043)6/22/1998 2:28:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
F The??, you wrote<James, how do you stop feeding the manipulators? >
The manipulators have already been fed. Please understand that the term manipulators is mine. If I wanted to use a more gentle term, I could have said 'The market savvy fund managers' that realized with this small float they could control it, and so this would make them almost bullet proof.
To truly understand my position here, ask yourself this,
(1) How much of the float is really being traded by the average investor?
(2) Why have there been no shares to short (Datek exception) for almost one month. Do you think that some investors have not sold their shares to take profits? (In Real-land , as shares are sold, they become available to the shorts wanting to bet it down.)
(3) Why are the puts so expensive (I've never seen such high premiums in my life.)? Do you realize how much money they have made watching these options expire, worthless?
(4) Why have the manipulators not left yet? They have no risk until they start to lose control of the float and that probably won't happen until Amzn dumps its next 5mil shares on the public (lambs).
I have 4 or 5 other points, but I also have another life to lead.
I hope glen does.