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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Amots who wrote (16702)1/7/1999 10:21:00 PM
From: Kailash  Read Replies (1) | Respond to of 18691
 
In early December, short interest in Amzn was a third of the float, while half the float gets traded every day. Targets we're setting for a possible top are being met in a single day - first 133 and now 150, both exceeded. (Today $3,539,218,000 was spent trading the stock - more than any other on the Naz.) Next are 183 and 200. Although the stock continues to kill the shorts, I doubt the percentage is falling - it's just too juicy and tempting. If tomorrow goes up at this rate, I don't know if I'll be able to scratch the itch.

biz.yahoo.com

Kailash



To: Amots who wrote (16702)1/8/1999 8:50:00 AM
From: jaall  Read Replies (1) | Respond to of 18691
 
Amots,
This sound like a good idea. Have you been able to do this in the past or does the price gap up to what they are likely to be worth after the crash is over. If I was holding a put at that time I would not sell it for much less that I expected it to be worth later.

I liked you comment about viagra over on NAVR!!

John