Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Peter V who wrote (12721)	8/13/1998 12:45:00 PM
From: Don Westermeyer	Read Replies (1) \| Respond to of 18691

I see 2/3 of AMZN's short interest has been covered. Probably a bit safer to short the pig now. From Briefing: 10:36 ET Amazon.com (AMZN) 132 3/4 +2 3/8: Shares of online book/music retailer continue their impressive move, recovering most of ground from sharp sell-off in overall group. Appears a short squeeze may be playing major role in move. From 6/98 to 7/98, almost 4 mln shares (or approx. 2/3 of all AMZN shares shorted) have been covered. Stock's Short/Interest ratio down to 1.2 days from 4.2. As we write this update, stock beginning to retreat, as Dow (-17) and Nasdaq (-4) drop into negative territory. (Chart)