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Amazon.com, Inc. Message Board

  • ladiessam ladiessam May 10, 2006 7:59 PM Flag

    Who's been selling AMZN?

    "Net Institutional Purchases - Prior Qtr to Latest Qtr
    Shares
    Net Shares Purchased (Sold) 11,600,800
    % Change in Institutional Shares Held 3.6%"

    From: AMZN Insider Tansactions Page on Yahoo.com


    Hmmm...doesn't this information suggest that big boys have been BUYING AMZN instead of selling?

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    • ...let's see, so the insiders are selling and the stuck institutions are forced to buy to support the price as best they can.

      ...yep, looks like a real winner.

    • >>>"Net Institutional Purchases - Prior Qtr to Latest Qtr
      Shares
      Net Shares Purchased (Sold) 11,600,800
      % Change in Institutional Shares Held 3.6%"

      From: AMZN Insider Tansactions Page on Yahoo.com


      Hmmm...doesn't this information suggest that big boys have been BUYING AMZN instead of selling? <<<


      So, who's been selling AMZN?


      Must be shorts.


      Who are they gonna buy from to cover? 99.4% of AMZN float are owned by insiders and institutions, right?

      Geez, shorts are in trouble.

 
AMZN
507.08+3.26(+0.65%)Feb 12 4:00 PMEST