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


To: OtherChap who wrote (24339)11/3/1998 7:28:00 PM
From: zax  Respond to of 164684
 
I'm tempted to believe that today's action at the close was a bear trap. It started at approximately 3:45 eastern and the price went from 132 to its closing low on practically no volume. The MMs were just knocking the bid down over and over.
Plus, Glenn just mentioned that he found shares available to short at 4 brokerages today.. (although not Datek, since they have made it official company policy to not allow shorting of Amazon- legal or not)

The could be looking to attract a bunch of nervous shorts to jump on the bandwagon tomorrow, which can then be easily squeezed to generate forced buying of those insider shares that need to be dumped.


You got it BRO!!!!!!!!

BINGO!!!!!!!!!!

Go LONG KTEL TOMORROW!!!!!!

The answer is to TAKE INVESTOR INTEREST AWAY FROM AMZN.

This way, that long abandoned method of company financing, sometimes referred to as the MERIT SYSTEM just might just go back into effect.

I know this might hurt the AMZN longs feelings... but the MERIT SYSTEM is highly underrated when it comes to getting companies financed.

I personally think that momentum playing short squeezing has its place... but it has run amuck WHEN A BRAND NEW PROFITLESS CORPORATE ENTITY achieves market cap greater than all of its brick and mortar couterparts combined, and is able to repeatedly and methodically RAPE shorters ad infinitum.

KTEL is a small cap... guess what folks.

ITS TIME FOR KTEL to be LIVIN LARGE!

GO LONG KTEL TOMORROW!

GO LONG KTEL!!

GO KTEL GO!!!!



To: OtherChap who wrote (24339)11/3/1998 7:34:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
I'm tempted to believe that today's action at the close was a bear trap. It started at
approximately 3:45 eastern and the price went from 132 to its closing low


OC,

I do not see a conspiracy. I saw some proft taking and float increasing. That could mean almost anything.

Glenn