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


To: H James Morris who wrote (8579)7/2/1998 1:42:00 PM
From: Imran  Read Replies (1) | Respond to of 164684
 
There are only two fundamental numbers that matter for AMZN. Float and # of shorts. Everything else is just window dressing. No chart, dollar amount, volume, accounting figure will affect this stock.

It reminds of a shark feeding frenzy. When a large number of sharks gather around a large amount of food in the water, they eat everything in the water including each other until not enough sharks remain to continue the frenzy. It's bloody, it takes a while, and when it's over there are very few survivors.

In the case of AMZN the shorts are feeding on each other.