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 (50148)4/13/1999 9:46:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>>Jan -- is this move up running out of steam?>>
Gst, I sure hope so! A lot of investors have this as their core holdings.
I think that it's an over-fed pig, and I'm prepared to bite this down. One bite @ a time.
Trust me.
Ps
The experts tell me Amzn is the next Wal-Mart. I say "yeah sure" why don't their financial's show it?
Anyone that doesn't set up a hedge with the "Thing" has too much $money.



To: GST who wrote (50148)4/13/1999 10:09:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
GST,

>> Jan -- is this move up running out of steam?

Some very successful investors / speculators on this thread say it is just consolidating and may have a big move coming very soon.

Without any evidence, I have the feeling amzn is being manipulated. At least at open. How can this stock run up 10 or more points at the open EVERY day, then run down later. Who is buying the early surge ? Don't they learn from getting burned day after day.



To: GST who wrote (50148)4/13/1999 11:16:00 PM
From: Jan Crawley  Respond to of 164684
 
-- is this move up running out of steam

I think that Amzn will not close higher than 180 this Friday. Next week is always another story. There are plenty of MO traders out there ready and willing; but Amzn has to have lots of short support therefore enabling the MO traders and MO funds to exit profitably after/if the new highs.

It's different with the small traders; they think that they can always sell very quickly.