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


To: Glenn D. Rudolph who wrote (25578)11/10/1998 10:24:00 PM
From: Y2k_fan  Read Replies (1) | Respond to of 164684
 
I am extremely sick about the stock market. SRCM, yet another turd, worse than AMZN. I naked-shorted 20 Nov 5 calls last week; only seeing the calls were called before expiration yesterday. No shares available for short, so I have to return the shares in half an hour. Luckily, SRCM was dropping yesterday. Same thing happened for PRBZ/DTLN.

The MMs will always find ways to steal your money. If we don't cover the shorts, AMZN will stay there forever, but if you give up, cover and turn long, it will guarantee to drop. It's not a fair game. I guess that you are not fighting the MMs, you are playing patience with all other shorts, whoever covers last will make money eventually. The question is, when will this happen? Q2 99 looks very reasonable to me. But I am out of patience now. One of my account was divided by four because of AMZN.

Just don't touch this devil.