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Amazon.com Inc. Message Board

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  • berockedagain berockedagain May 31, 1999 11:08 PM Flag

    We have been defended!

    I agree w/ the longs here - despite being short
    on AMZN for almost a full month. Once Barron's gets
    its paws on an even remote plausible downside story
    for a net - the pissed off editorial staff
    capitalizes on causing controversy and potential distress.
    However, it must be noted that the May 15th issue of
    Barrons also trashed Healtheon (@ $29/share) which we all
    know shortly after zoomed to over $100. Experienced
    traders know that when Barron's trashes a stock - the
    stock has hit its bottom. There seems to be support in
    the 110 to 120 level - and that is not by
    coincidence. I highly recommend the shorts cover - because you
    are being set up by the MM's and the media.

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