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


To: GST who wrote (37499)1/28/1999 8:01:00 PM
From: Dr Smith  Read Replies (1) | Respond to of 164684
 
Yes, we have been seeing short squeezes, several in fact (as hard as that sounds). Daytraders too have added to the volatility, and they make have induced the squeezes.

There was been serious damage done to the markets, and this is a long term negative for this stock. But I still feel Amazon will find buyers at $100. And now she will find sellers above $135, with the overhead resistance.