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


To: Glenn D. Rudolph who wrote (42457)2/25/1999 10:23:00 AM
From: gizelle otero  Respond to of 164684
 
The institutions sold Amazon to individuals from $3.00 to $199.00. Who won and who lost?

My guess is that when the institutions start buying Amazon from individuals, it will be at $10,000 a share (many splits later).

Believe it or not, the institutions are not the only smart investors in the stock market, but they are usually some of the last to realize when to buy into a new market.

Good luck with your investing - don't follow the penguins.



To: Glenn D. Rudolph who wrote (42457)2/25/1999 12:25:00 PM
From: 16yearcycle  Read Replies (2) | Respond to of 164684
 
I have long been curious about the average order on the net stocks being 300 shares or so. On easily more than 100 occasions in the past year, I have put in a buy or sell order for 1000-5000 shares of a net stock, and had the order filled in 100 to 200 share segments. I literally mean that I put in a 5000 share order for BCST, and I get back 50 100 share fills. Is this making it look like my one order was 50 seperate orders? I think the lots appear to be smaller simply because of the thin floats and large demand breaking the trade up.