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Amazon.com, Inc. Message Board

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  • geegenjar geegenjar May 10, 2006 8:13 PM Flag

    Who's been selling AMZN?

    >>>"Net Institutional Purchases - Prior Qtr to Latest Qtr
    Shares
    Net Shares Purchased (Sold) 11,600,800
    % Change in Institutional Shares Held 3.6%"

    From: AMZN Insider Tansactions Page on Yahoo.com


    Hmmm...doesn't this information suggest that big boys have been BUYING AMZN instead of selling? <<<


    So, who's been selling AMZN?


    Must be shorts.


    Who are they gonna buy from to cover? 99.4% of AMZN float are owned by insiders and institutions, right?

    Geez, shorts are in trouble.

 
AMZN
735.59-4.02(-0.54%)Jul 26 4:00 PMEDT