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


To: OtherChap who wrote (17364)9/16/1998 4:17:00 PM
From: Greg Butcher  Respond to of 164684
 
I went short at 85 1/4....good luck



To: OtherChap who wrote (17364)9/16/1998 7:22:00 PM
From: craig crawford  Read Replies (1) | Respond to of 164684
 
>> THIS IS WHY YOU BUY PUTS INSTEAD OF SHORTING THE COMMON STOCK FOLKS. They can't squeeze a put as long as you keep your conviction. <<

Or you could just cover your short before AMZN is up 12 points? Puts aren't always the best answer OtherChap.

>> Shorting common shares results in margin calls, which is the only thing that keeps this stock afloat. <<

Only if you shorted AMZN at 70 because people like OtherChap convinced you it was going to $10 next week!