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


To: Rob S. who wrote (13689)8/16/1998 8:14:00 PM
From: IMPRISTlNE  Respond to of 164684
 
Well I think there is zero short interest. Just because I can type it into a post without any substantiation doesn't make it any more real.

=========

Rob...Buddy....You're losing your edge.... stress getting to you?....<G>

Be a little more creative in the future...ok? <G>

Message 5510852



To: Rob S. who wrote (13689)8/16/1998 11:24:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
>>Bullsxxt. It;s been reported that the major reason for the latest move up was short covering, not renewed interest in this over-valued pig.

That's right, Rob. Amazon's June volume of over 110 million shares was short covering! I didn't realize the short interest had gotten that high!

>>What TA are you talking about?

I spelled it out. Maybe it runs contrary to your wishes but Amazon is still in a strong intermediate technical uptrend. It is the strongest Internet stock that I know and the Internet sector is the strongest sector in the market. Until Amazon starts consistently underperforming the market, from a technicians standpoint it's a crapshoot with losing odds to short it. Shorting strong stocks is an oxymoron.