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Amazon.com Inc. Message Board

  • causinginflation causinginflation Aug 16, 2012 12:33 PM Flag

    come now, shorts must cover by 12:45

     

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    • This stock has very low short interest, 2% - this is not short covering. This stock has almost zero sell demand, as shares are locked and held by instituations, there are no shorts, and any new shares from options are bought back each Q by the company. That is why there is very light volume each day (3.3M out of 460M total) and any buying interst at all pushes this thing higher and higher. Just like a Ponzi scheme .. once someone takes profits, this puppy will drop like a rock as selling demand will develop and pressure the price like Hell.

 
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