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


To: craig crawford who wrote (20413)10/6/1998 10:46:00 PM
From: Tom D  Read Replies (3) | Respond to of 164684
 
Online Contest: Name the new Website: BertlesmannandBarnesandNoble.com ?

Can anybody besides me spell it?



To: craig crawford who wrote (20413)10/7/1998 6:06:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 

AMZN is just a waiting game, and I've got nothing but time. Eventually all the shorts
that shorted AMZN at 30, 40, 50, 60, 70, 80, etc will be flushed out and replaced by
shorts with a much higher cost basis. That's how all short squeezes end. Eventually you
end up with shorts in strong hands, that aren't covering everytime AMZN jumps 5
points. Shorts that have enough conviction and ice in their veins (like me) who will
happily add to positions on rallies.


Craig,

I have been short since 40 and am still short. I did not cover so I call my short as being in strong hands<G>

Glenn