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Amazon.com Inc. Message Board

  • davey_j_98 davey_j_98 Apr 14, 1998 2:23 PM Flag

    Queenie - Any margin calls?

    Dear Queen - I agree 100% with your opinion BUT
    if you keep shorting AMZN on the way up, you must
    have a ton of cash, and nerves of steel because you
    have to be getting margin calls if you've been shorting
    this rocket ship with each $5.00 increase.

    Yes, someday it will be a $20 stock but
    the shorts may have all died before that or gone
    bankrupt. I wouldn't put it past AMZN management
    to announce a stock split now that it's near $100 per
    share, then watch the price move.

    GOOD LUCK - I hope your train comes in before
    you run out of cash.

 
AMZN
309.09-0.49(-0.16%)Dec 26 4:00 PMEST

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