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: Sarmad Y. Hermiz who wrote (56572)5/13/1999 12:50:00 PM
From: John Donahoe  Respond to of 164684
 
And when the stop-loss order triggered, who bought the shares ?

Nervous shorts covering and new Momentum Traders.

Most of the buying immediately following the spike up was anything but exceptional.

Large volume wasn't realized until the price was around $175. That is when a lot of "stop losses" were triggered.

The $175 area attracted a lot of "buy on the dip longs" and shorts taking profits.

IMO