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: chucke who wrote (12847)8/7/1998 8:08:00 PM
From: Jan Crawley  Respond to of 164687
 
Thanks for you caution and thoughts.

Nice weekend to you too, see you next Wed.



To: chucke who wrote (12847)8/7/1998 8:21:00 PM
From: DLS  Read Replies (1) | Respond to of 164687
 
Short covering is actually keeping the price artificially high. There are no borrowable shares which implies that half the investors are long and the other half are short. A lot of shorts entered in the $120-$125 level and it is a good bet that the weak hands drove this up from $100 by covering. Now that the weak hands are out of the way, there shouldn't be much real buying left.

Regards,
dls


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News