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  • jrmills0014 jrmills0014 May 17, 2011 7:44 AM Flag

    AMZN trading range tomorrow????

    If I were going to play it either way from here.. I would play it to be up on Fri, from here.. How could this stk have went up the way it has after missing earnings the way it did?? I think its because those hedge funds, for the brokarage houses trade these stks back and forth and drive them to where they can make the most money from joe public. They can trade them back and forth with no trading cost associated with their trading.. They may very well know where they are going to close it at every day, and they could already know where it will close at on Fri! Now, as dumb as I am.. If I would have known they were going to drive it down about $10., yesterday.. I could have made money on it.. But I have come to the conclusion they drive these stks up and down depending on how joe public is betting it will go.. If joe bets its going down they will drive it higher and visa versa.. And if you doubt that they don't trade these stks back and forth between them.. Look at AH trading.. I just glanced over them.. Usually this stk will trade in a $3. to $4. range about everyday.. So its a good bet, that after it had dropped $5. yesterday, ole joe, started betting it would rebound some... But if you will look at AH trading yesterday.. You can see where those manipulators settled up for the day.. As they kept driving it down.. Some of them had a settlement cost of about $195.40 for the day.. If you look, you can very well see where they settled up in AH at that cost.. And you can bet any of those trades you see that is rounded out to 1/100th of a penny, is them settling up.. What I don't understand is how they are allowed to send that stk thru, at like $3. above what poor ole joe can get for any he is trying to sell.. But you can see where it was trading at like $192.13, they settle up at $195.+, then it goes back to trading at $192.13...

502.13-34.13(-6.36%)Feb 5 4:00 PMEST