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


To: Sarmad Y. Hermiz who wrote (41826)2/22/1999 11:22:00 PM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Sarmad, Thanks!!!

Let me tell you in a nut shell my Amzn story: Bought 2 May(98)100 puts in Apr98 and made $4K in a few days and I thought that I discovered America. I could not find short shares therefore proceeded to naked about 15 Jun+Jul calls...within 3 weeks, I was down(realized loss) $65K. I was obsessed and "box-traded/day-traded" for the next 4 months and sorta of breakeven finally. The fall from $147 to $65 helped a lot!

I was trading 100/200 shares many many times.....for a long time.