Tell you what. Why don't you share with us a considered thesis on why we should be shorting AMZN.
Hint: Ask yourself why its at $850 and why its at all time highs !
This is the problem with short-term traders and/or technical analysis. You completely and utterly loose track of what actually drives stock value.
The price of a stock (AMZN or any other) means nothing, nada, niet.
That's what real smart people understand !
Tell you what. Why don't you share with us a considered thesis on why we should be shorting AMZN.
Hint: Ask yourself why its at $850 and why its at all time highs !
This is the problem with short-term traders and/or technical analysis. You completely and utterly loose track of what actually drives stock value.
The price of a stock (AMZN or any other) means nothing, nada, niet.
That's what real smart people understand !
Try Las Vegas, at least you will have fun there.Hi,
What would be the best AMZN put options to invest if I exzpect AMZN to drop more than 50% in the next 2 years. Thanks
...
just because amazon has been going up it doesn't make anyone who bought into it is smart; it's been an 8 year bull market! ...
So let me get this straight. You think that people who bought Amazon 8 years ago, in an 8-year bull market, and watched Amazon climb God-knows-how-much per share, made the wrong choice?
What about the people who bought Amazon in the middle of 1997 was it, when they went public? $2 per share or something?
So...
People who went long Amazon at $2 per share 20 years ago, made a mistake by going long in Amazon? AMZN has been going up, over a long term, since it's inception. It is at $840 something per share currently, and that is including it's previous splits from years ago.
Shorting the stock may be a viable option in the here and now. But let's face it. You are just jealous that you missed the boat on the long, and are trying to pull some old Yahoo forum subterfuge to try to drive the stock price down, perhaps. I used to see this often on the Yahoo! finance forums.
You're a jamoke. Please, here; Have a steaming hearty cup of STFU, free of charge.
you're an idiot; i never said they made the wrong choice; i said buying amazon and making money on the stock as it goes up doesn't make a person smart
any monkey could've bought amazon and held it until now
Then I will be first in line to be on that monkey train!
When YOU tell me that buying a stock and watching it go up means I am not smart, feed me the bananas please!!!
(Counter-question. If I buy the stock and it goes down, does that also mean I am smart? Or am I not smart?)