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


To: Jan Crawley who wrote (13468)8/13/1998 1:56:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
Jan<James, How?? I thought that you covered at $50.>
I did but I shorted @ 40 and it still hurts.
Trust me.



To: Jan Crawley who wrote (13468)8/13/1998 3:03:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
Without the open short positions, Amazon is turning into just another boring, over-valued stock! You can bet that this shook out primarily the short-term shorts who tend to get nervous and move against themselves. That leaves fewer weak hands to ride it down and ride out any short-term rallies - or sell into them.

OK market makers, lets make a market in Amazongonebust.com!

Let the momo longs play their hands and then sell this crippled puppy down when their exhausted and the weak shorts have left the stage.