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.

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

To: e. boolean who wrote (14273)	8/21/1998 2:45:00 PM
From: Jan Crawley	Read Replies (2) \| Respond to of 164684

I feel like that I cannot emphasize enough the following realities: Amzn, the stock: 10 million shares sold (via IPO) with average cost of $10-$20 5 million shares sold (via shorting) with average of $43 40 million shares issued and outstanding holding by insiders & etc.. 10M+5M+40M = 55M shares Current share price $130.. Short-term, everyone is trading; Long-term, I only see sellers and more sellers.... All the big sellers have very very low cost base. Please bulls, tell me who are the future buyers, buyers who will be willingly to pay over $130 for just 10 to 15% of the 55 million shares