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: Glenn D. Rudolph who wrote (8519)7/2/1998 8:26:00 AM
From: UFGator93  Respond to of 164684
 
Well, I've just wasted about 15 minutes catching up on this board
from all the posts after the close yesterday. Very few actually
contained any meaningful information. Mine probably won't
either. :)

I was in the IOMG rise and made quite a bit. I noticed that about
the time everyone seemed to think it was just going to go up and up,
it started to turn. About that time, shorts that had been around
and argued with us longs for what seemed like three or four months
finally started to close their positions out and admit defeat. I'm
seeing the same happen with AMZN and I hope it is a positive sign,
but I'm certainly not going to make any kind of predictions. I
also noticed the longs started to get more and more obnoxious and
insisted that Iomega was "bulletproof". I noticed that very same
word on this thread this morning. I hope it's an omen, but I
doubt AMZN will be turning for the next two or three trading days.

Can all the shorts please do me a favor? When/if AMZN
finally goes down, can we all not act as childish as others have
while it has been going up? I'm not using any names because I
don't feel like insulting anyone, but you'd think with the huge
sums of money the longs are making on this stock, they would be
happy to just sit back and enjoy it and rise above the name
calling. It seems to be the same on every stock once the stock
moves enough for one group or another to declare victory.

I can only speak for myself, but I promise the rest of you when/if
I start to make money on my AMZN short (200 shares in the very high
90's), you will not see a single "I told you so" or insult from
me.

Damon