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


To: Robert Rose who wrote (27448)11/20/1998 7:24:00 PM
From: Y2k_fan  Read Replies (1) | Respond to of 164684
 
AMZN is over-shorted, and this is why it can keep the price inflated.

Ask yourselves, how many people short against the box? How many people write naked puts? How many people write naked calls?

All those actions plus external panic buying cause the demand so high to an unrealistic level. The MMs can easily calculate the demand the kill all the shorts.

Just don't touch it, it will die several quarters from now. The more you short it, the higher it will go. Don't get greedy.



To: Robert Rose who wrote (27448)11/21/1998 2:57:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 

<I think people who really don't have any quality information should not speculate about
this. >

Thanks Tom. This is also the conclusion I am finally coming to....


Robert and Tom,

I found this post comical although may an not stating it is inaccurate. Tom's point about comparing other insider selling to that of AMZN in a start up phase has merit. The part I do find funny is that the post when taken out of context, indicates speculating is a bad thing. I know of no other stock as speculative as AMZN both on the long or short side and both on the long term and short term. AMZN's stock is about as speculative as one gets.

Would we all agree on that?

Glenn