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


To: Glenn D. Rudolph who wrote (8901)7/5/1998 6:27:00 PM
From: Sonki  Read Replies (2) | Respond to of 164684
 
does any one have link to # of shorts this week in this stock.
last week it was 9m out of 19m.



To: Glenn D. Rudolph who wrote (8901)7/5/1998 6:40:00 PM
From: umbro  Read Replies (1) | Respond to of 164684
 
AMZN short interest report, courtesy:
viwes.com
(nice site, very accessible - does searches/charts on the NASDAQ's
short interest database)

Ticker Company Name Month Shares Short Avg Daily Volume Ratio*
AMZN Amazon.com 06/98 8,745,144 2,073,044 4.22 (2-1 split)
05/98 8,625,816 2,347,938 3.67
04/98 6,785,588 1,656,824 4.10
03/98 7,130,964 1,746,636 4.08
02/98 6,445,102 932,376 6.91
01/98 5,975,670 728,894 8.24

Reading the description of reporting dates, this data is
as of 6/15/98, and the volumes above have been adjusted for the
split in late May, early June. Assuming that the float figure
I'm using (15.7 mil. float, post split) is correct -- then half
the float in AMZN was short in mid-June. Kinda explains why
the short sellers were having trouble finding more stock to
short (after some mutual funds hold AMZN long, and that effectively
reduces the float, until they sell).



To: Glenn D. Rudolph who wrote (8901)7/5/1998 6:48:00 PM
From: Sanzen  Read Replies (2) | Respond to of 164684
 
A question on the AMZN earning report date.

I remember reading a post saying AMZN IR warns the
earning date may change. What made the IR to feel
necessary to tell that? Is it possible they are trying
to align the earning date with some announcement?
If they are, what could be? If it's good news, why bother to
align with the earning report? There is no need to pump
this stock.