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


To: Rob S. who wrote (18011)9/23/1998 2:25:00 PM
From: Jan Crawley  Read Replies (3) | Respond to of 164684
 
Go Amazongonenutty.com!!! Upward toward 105!!!

Hi Rob, I had a pending order to short(2 contracts) Amzn Oct 100 and asking $11 7/8 premium; but I just changed to Amzn Nov 100 for premium of $15. I think the order will go thru if Amzn trades close to 102 or so.

I changed cuz I saw lots of Oct. call activities, close to 1K Oct 130 call contracts for over $1. So I am being conservative. Pls keep me posted on your moves.

We have two "known" Amazon godesses on this thread now. I think we will need new dresses for this occasion. :)))

Both Glenn and I have been writing HUI puts for the past few months and collected nice premiums. Glenn is the expert here, if you are interested, it's a low risk, monthly small play.



To: Rob S. who wrote (18011)9/23/1998 5:06:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
Rob,

Call me nuts, but I think AMZN is gonna hit A NEW HIGH in the next few weeks!! We all know that this is a manipulated stock. It will be in character of the manipulators to take AMZN to a new high and cream all shorts! One of the things that bothered me about AMZN is that there are no more shares to short. That's one of the signs that 'they' are probably gonna take it higher.
One more thing, we should open at a short-term top tomorrow maybe 110....
I love this game.:-))

--Olu E.