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


To: T-Lo Greens who wrote (515)12/15/1998 9:16:00 PM
From: Les Paul  Read Replies (2) | Respond to of 1196
 
I agree that shorts need to cover, but if you cannot get shares to short, what continues to drive the price of this stock down? I have not ventured into this animal yet, for I got stung badly this summer by AMZN. I know we aren't on the AMZN thread, but do you think that AMZN's move today was a short squeeze. This argument has been used since the stock began moving from the 50's. It almost seems like an infinite process. What can drive AMZN back to reality. It's almost like nobody takes a profit in this stock. I plan on staying away from these internet stocks for the time being. I feel sorry for anyone that did jump into the hype of BAMM and is still holding shares at 20 or 30+. What is going on in certain sectors of this market should be illegal!

LES