With gas prices going over 4 dollars this is a dead short............What idiot is buying it today.....What is he thinking?
Short covering at the Low and mm's doing a little investing in order to dump even more shares at a good price.Will sink lower today.
"Will sink lower today."I disagree.AMZN will keep creeping up for the rest of the day.Then it will rise tomorrow.Then it will rise the day after tomorrow.Then it will give up 20 cennts or so.In other words, shorts are still trapped.AMZN shares' price will reamin long enough to make all of the trapped shorts to cover at a loss.Occasional runs above $46.97 will break them mentally.
They are thinking "SQUEEZE THE SHORTS"
I'm not short yet but I will be buying some puts later this morning......you can bet on it.
Those who know you are a trapped short.