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

To: IceShark who wrote (22493)	10/21/1998 6:51:00 PM
From: OtherChap	Read Replies (2) \| Respond to of 164687

>Also, eliminating shares from the pool of short lending is a classic >tactic in a bear/bull battle to squeeze the shorts. Is that a light >bulb that just went on? -vbg- Everyone remember a week or so ago when nearly every brokerage had at least _some_ shares to short? For the first time in months and months? And then the stock skyrockets up to 110 immediately? And then, at 3:30 the call went out to all the brokerages from the "elephant" who had loaned out these shares. "I want my shares, now." And yet another short squeeze occurred, and the stock shot up to 110. Just check out the volume around 3:30 today, it was absolutely incredible. How amazing- if the manipulators cant get you to cover by trying to panic you, they will simply get your broker to FORCE you to cover at any price. Why the hell do you think they waited until 3:30 to send out the message? They knew everyone would be forced to cover immediately AT THE MARKET, NO CHOICES, PAL. YOU DONT EVEN HAVE ENOUGH TIME TO COME UP WITH EQUITY OR DO ANYTHING BUT TAKE A LOSS, HAHAH. This is absolute manipulation at its HEIGHT OF SLEAZE. But I expect this sort of thing to continue indefinitely, and I will profit by being long.