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


To: craig crawford who wrote (14448)8/24/1998 9:50:00 AM
From: OtherChap  Read Replies (1) | Respond to of 164684
 
Amazon prediction for today.. The big guys who are now worried about cramer jumping in and scaring the small investor (the only people still buying) will execute their "exit" strategy over the next few days.

The trick for them will be to raise the price up a bit in a sucker rally, and then start dumping their shares, most likely in blocks of 5000 shares..

They may also try to pump the price up today in order to "scare" any potential shorts that the Cramer article generated. In any case, you can bet they are selling more shares than they are buying.

It will be interesting to watch!

real time quote 132 3/4