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


To: Sarmad Y. Hermiz who wrote (54544)5/1/1999 11:52:00 PM
From: MSI  Read Replies (1) | Respond to of 164684
 
out of the last 30 trades for a couple of months now, only 5 were losers

Yikes. That's good. How much time do you spend during trading hours if I might ask?



To: Sarmad Y. Hermiz who wrote (54544)5/2/1999 11:36:00 AM
From: Jan Crawley  Respond to of 164684
 
I'll see whether the $22k to $101k in three months was a fluke, or a something more systematic. This time I'm starting with $24k.

Sarmad, this is a historical pricing link:
tradepbs.com

We can see clearly that Amzn has almost daily volatile pricing swings and that's why we did well in the past three months via trading. How else can you profit from this stock?

If the volatility continues, I think that we will have no problem having more $$. The only "dream and believe" I have re-Amzn is this:
"The Amzn stock symbol will be around for a long time and the stock price will be volatile for a long time." Hopefully that we can continue to take advantage of this situation.



To: Sarmad Y. Hermiz who wrote (54544)5/2/1999 11:56:00 AM
From: Jan Crawley  Read Replies (2) | Respond to of 164684
 
Sarmad, some updates/analysis re-Amzn shares and float:

Total outstanding: 163 million
Insiders own: 61% = 99.5 million
Float: 63 million.

From the above we can see that the VCs are out of Amzn now, and there are just insiders and the float.

The "bond/stock conversion" involves 8.5 million shares.