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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ???? -- Ignore unavailable to you. Want to Upgrade?


To: D Purcell who wrote (514)12/15/1998 9:05:00 PM
From: T-Lo Greens  Read Replies (1) | Respond to of 1196
 
Well somewhere the shorters have to cover. Also if everyone removes their shares from margin to cash accounts, then that could cause a squeeze IF it indeed is heavily shorted.



To: D Purcell who wrote (514)12/16/1998 10:42:00 AM
From: D Purcell  Read Replies (1) | Respond to of 1196
 
BAMM is starting to begin positioning themselves as an internet player it appears. With the news this morning that they are buying an internet service provider and web page designer. The firm they are buying is located in Nashville TN. As well as the fact that this internet player makes a profit. Maybe that is the problem. Make a profit stock stays down. Loose money and stock goes up. That could be the explanation for AMZN that everyone is looking for.

This latest move by BAMM created a nice 3 point jump in the stock. Good play for someone. If they are going to be a major player look for more news IMO.