That's always a great opportunity for a massive squeeze. They can catch some people out of the game.
Someone has to own all those Jan. $1.5 calls. I'll never forget my Books a Million position on one of those Black Fridays a long time ago.
AMZN is the socialist's dream. Gov't allows it to disrupt and destroy every other segment of the economy. In later stages it will create it's own currency which the Gov't will distribute equally among it's cronies.
So you are saying that you want to help us by selling our shares to you to cover your short? Have I got that right, or are you providing some kind of strange community service?
The bashing shorts have no answer for this post. I have several small biotech development stage stocks with little more than a dream of revenue who have market caps. of 300 mil.
All blessed by State Regulators. Most from large organizations like Blue Cross and UNH. Stop living sound bite to sound bite,
They always seem to knock it down as far as they can and then buy it into the close. Only question -
is it the shorts trying to cover or larger players accumulating?
The only problem with that is that Steve Cohen was a Romney supporter ( open season on Romney supporters) while these guys may be on the other side (protected better than the spotted owl)
Didn't they spell out that they had unusually high legal expenses (non-recurring) in the last qtr. due to the enormous level of distractions that have been sent their way. They also hinted to potential collaborations with a pharma partner..