AMZN Earnings Play

Quote from stock_trad3r:

AMZN will rebound
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Your strategy is different. You want to buy now and even if it goes down to $50 , you will keep it because you believe it will go to $200 say in 2017 or 2015.
I am short as of yesterday and I am up $20,000. Definitely it will hit $75 and much lower in a month. Maybe in the future when I am convinced AMZN is a buy, I might go long.

Nothing wrong with your strategy. You are a buy and hold guy. I am a hit and run guy. I did not even short at $101 yesterday. I waited AH when it hit $95, I started to short.
 
Quote from gobar:

no way sell all rallies today...nasdaq will be dowan 75 to 80 pts.....
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On the longer term (months) amzn will make record highs

this earnings report was stellar and the buying momentum is going to resume. Any short profits should be taken today.

If amzn rebounds to 100 in two months thats nearly a 20% return which is very good.
 
I remember long ago when rimm at $48 or so missed by a penny. It tanked 8%. The rest is history.

MA missed, tanked 15% in one day, and rebounded completely within 2 months.

With a high momentum strong earnings stock like AMZN this is great buying opp
 
Quote from stock_trad3r:

On the longer term (months) amzn will make record highs

this earnings report was stellar and the buying momentum is going to resume. Any short profits should be taken today.

If amzn rebounds to 100 in two months thats nearly a 20% return which is very good.
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i dont think so... time has changed... when MA was down 15 % stock market was doing okay to good...

now stock market is doing okay to bad...

before 100, amazon stock will go to $70 to $75 which i consider is a buying opp...
 
Quote from stock_trad3r:

I remember long ago when rimm at $48 or so missed by a penny. It tanked 8%. The rest is history.

MA missed, tanked 15% in one day, and rebounded completely within 2 months.

With a high momentum strong earnings stock like AMZN this is great buying opp
More...

it's not just AMZN ... the tech shit is over ... not gonna be over it is over, they might get something out of Christmas but that's pretty much it ...

for instance go to http://www.crunchbase.com/ and see how those so called companies (most just some crappy website) are getting funded by someone who knows shit about IT ... like take a look at http://www.crunchbase.com/company/ebuddy

do you think that shit is worth anything ... well it got funded 6.5M ... will it ever get anywhere? ... no ... there are even worse cases if you go through the whole list
 
or even take a look at http://www.veoh.com/ ... every jerk in the world that knows how to turn on his computer and has some cash in hand .. hires a few oversees developers and has them build a video site .. this shit has been funded $40 Million ... ya I'm sure it will be bought by someone soon for $40 Billion ... just like how youtube was a success but ended up having to delete most videos ... now it is full of home made junk ...


source: http://www.crunchbase.com/company/veoh
 
Quote from bluud:

it's not just AMZN ... the tech shit is over ... not gonna be over it is over, they might get something out of Christmas but that's pretty much it ...

for instance go to http://www.crunchbase.com/ and see how those so called companies (most just some crappy website) are getting funded by someone who knows shit about IT ... like take a look at http://www.crunchbase.com/company/ebuddy

do you think that shit is worth anything ... well it got funded 6.5M ... will it ever get anywhere? ... no ... there are even worse cases if you go through the whole list
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Tech has never been a fad. Quality tech stocks like CSCO, AAPL, RIMM, GOOG have been crushing the markets for many years. This wont change.
 
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