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


To: Sarmad Y. Hermiz who wrote (56209)5/10/1999 10:05:00 AM
From: Jan Crawley  Respond to of 164684
 
I am still wondering what made amzn race up 6 points in 5 minutes on heavy volume at the close on Friday.

Sarmad, looks like 1. Some was closing puts contracts for profit and the options MMs were adjusting their week-ending inventories. 2. Regular Amzn traders balancing their short-long positions.

I am day pending to sell 100 shares @143, buy 100 shares @131. Holding the 100 shares box.