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


To: Tenpole who wrote (14314)8/22/1998 10:11:00 AM
From: Tom D  Read Replies (3) | Respond to of 164684
 
<<<We know, though, that the price has been manipulated in recent weeks>>>

Could you kindly explain exactly what it is that you know about AMZN price manipulation? i.e. who is doing what? and how does it differ from "sincere" buying and selling?

Thanks,
Tom D



To: Tenpole who wrote (14314)8/25/1998 11:27:00 PM
From: Peter Church  Read Replies (1) | Respond to of 164684
 
Does anyone have a comment on the two large trades this morning? From the market reaction I suspect they were large sell orders. Anyway, it was a relief for me, being on the short end of the stock. It seems that the ceiling is lowering from 145 to 135. Shouldn't the floor also go down? I know it is Amzn and therefore inscrutable. But, the Dow is having a hard time getting back up too. So, I still expect the Big Plunge ahead. However, I am only putting money on a topping pattern near term for now. I've struck out hard by being too much of a bear here.