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Amazon.com, Inc. Message Board

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  • geegenjar geegenjar Oct 27, 2005 10:21 AM Flag

    Short covering has started.

    >>>G Motors This will kill the market for next few days.............. <<<


    Your statement shows your doubt about your short positions on AMZN.

    You seem to be relying on GM to push AMZN lower.

    In other words, if GM news didn't hit the market today, you don't have much reason to stay short on AMZN. Is that right?

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    • What I mean is we are heading into recession in near future which will not be good for AMZN also...
      I gave u a small example to consume....


      >>>G Motors This will kill the market for next few days.............. <<<


      Your statement shows your doubt about your short positions on AMZN.

      You seem to be relying on GM to push AMZN lower.

      In other words, if GM news didn't hit the market today, you don't have much reason to stay short on AMZN. Is that right?

 
AMZN
771.29+2.29(+0.30%)Aug 29 4:00 PMEDT