SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (40522)2/16/1999 11:10:00 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 164684
 
GST,

My plan with amzn (which I wrote on paper a month ago) was to use the equity resulting from price drops to short more shares till I go to 10K shares short at $80/share. I might not go that far yet, but I think if it gaps down hard and I see no buying by funds, I will not cover. I may increase the short by 1K, but probably not yet. I will just watch. I got burned last time it gapped down. But that was in the absence of general market turmoil. I am still worried that a good PPI & CPI will lift the spirits and prices.

-Sarmad