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


To: Olu Emuleomo who wrote (18061)9/23/1998 9:51:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
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.

Olu, let discuss the above a little more,

Last squeeze from $45 to $147, Amzn had the following competitive advantages:
1. Element of surprises! All retail shorts were caught off-guard!
2. Much lower shorting price average, pretty much at $45 or less!
3. Absence of sellers until the 350K shares shown up for sale around 7/8; which effectively topped the drive.
4. A much more friendly market environment, height of the summer run.

Are the trading elements/variables different now??

Who are they squeezing now??

Thanks, Jan.