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


To: OtherChap who wrote (18105)9/23/1998 10:12:00 PM
From: Jan Crawley  Respond to of 164684
 
A) Wait until their profits turn into losses.
B) Cover the short.


If those were the major buying engines, then the surges will be short-lived. Cuz all those realized shorting profits will be "re-entered" into the short-side quickly if Amzn continues to rise.

You have a large enough profit/cushion to "support" your newly initiated short positions. However, we have to be very careful and not to "encourage" others to short or long from here unless they are very ready! Agree?