AMZN

[vanzandt]

You looked at a million charts but only posted 1 lol. It’s confirmation bias. I have done back test. Used to be a ‘system trader’ before lol. None of these things work. Meaning the conventional TA indicators.

Reason is simple. They are all self defeating because the formula is too simple. One line crossing another line. Too many people see the same thing. They crowd in and become vulnerable for a head fake.

But. How many have the market savvy to notice this time it was sell the rumor buy the news? Almost nobody on ET. that’s how you become the successful 1%. The only edge is that YOU have paid attention to how something moves and how this time a different scenario is unfolding. And this ability is not self defeating because even though the logic is very similar to what I have demonstrated in ‘trading is easy’, the next event will never be exactly the same. Experience and independent thinking is what sets you apart from the others so they can not crowd your trade.

I totally agree. I mean T/A has its place, but in the end fundamentals ALWAYS win. Water seeks its level. A business is a business is a business. There are no free rides.

Look, we're talking about one stock here, and again, I don't say this in a demeaning manner towards you... but it sounds to me like its you drinking the MSM kool-aide here. Amazon is not some god stock just because its Amazon. Companies make mistakes. History is littered with so called god-stocks. GE comes to mind. GE spent $9.5 Billion for Alstom. A disaster. Ditto the Baker Hughes purchase. Trashed a once great company by spending money to achieve incremental growth to keep Wall Street happy.

Now... Amazon has the free cash flow to pursue whatever it wants, its a cash cow, AWS was brilliant.... but that doesn't mean you piss huge amounts of that money away chasing ideas that may or may not provide a return greater than the amount expended. Anyway, we've beat this horse to death. Time to move on.

 

[dozu888]

‘Piss’ is subjective and result dependent. If you don’t try how do you know. Bezos said himself in the history of amzn they’ve had many ideas that didn’t work.

Again this is where ordinary folks don’t have the vision. Amzn wouldn’t be amzn if it’s moves fit the eyes of us pedestrians.

In the very beginning. The guy pissed away a successful Wall Street career to sell books on the internet. Lol.

And the ‘I am better than average’ is what fails not only the pedestrians but also professionals. Which is why even though nobody can beat the qqq but people keep trying anyway.

 

[vanzandt]

fit the eyes of us pedestrians.

.

Perhaps. I've oftentimes wondered why the likes of Musk, Branson, Bezos, are so obsessed with space.
Mining asteroids... ok, that might be good, but Mars? I don't see it.
Why not work on fusion here on earth. Think of the lives that could uplifted by unlimited, virtually free, clean electricity. We could desalinize oceans and turn deserts into gardens of Eden.
Oh well... I've been called worse than "pedestrian" and I do agree with many of your market tenets.

 

[dozu888]

Perhaps. I've oftentimes wondered why the likes of Musk, Branson, Bezos, are so obsessed with space.
Mining asteroids... ok, that might be good, but Mars? I don't see it.
Why not work on fusion here on earth. Think of the lives that could uplifted by unlimited, virtually free, clean electricity. We could desalinize oceans and turn deserts into gardens of Eden.
Oh well... I've been called worse than "pedestrian" and I do agree with many of your market tenets.

Lol pedestrian not bad. We ordinary folks have the luxury of just buy shares and sit back and let them smart guys do the heavy lifting.

Among the super successful Jack Ma voices the loudest the burden that comes with success. Elon has shown many times how much he need to smoke pot to get some relief.

Fusion and space is not mutually exclusive. But so is the cure for cancer. I don’t know the reason. Perhaps just natural tendencies for these guys to look for the next frontier. So Mars is the next fruit beyond the moon. Who knows

 

[Overnight]

...
Why not work on fusion here on earth. Think of the lives that could uplifted by unlimited, virtually free, clean electricity. We could desalinize oceans and turn deserts into gardens of Eden...

I've been banging on about that for quite a while. We need to focus our efforts on Mr. Fusion Home Energy Reactor.

And flying cars, we really need the damned flying car. And anyone reading this thread, don't now post links to the shit boxes like the Terrafugia or whatever. They are impractical and are going NOWHERE. But with Mr. Fusion? Flying cars will be a solvable problem.

 

[tsznecki]

@vanzandt You are showing your age here. Just an ecomm company? Do you even use AWS?

Shareholder value? Take your meds? The stock has gone from what 2 to 2000+ since IPO.

You want a dividend? Buy a REIT.

 

[Cuddles]

I've been banging on about that for quite a while. We need to focus our efforts on Mr. Fusion Home Energy Reactor.

And flying cars, we really need the damned flying car. And anyone reading this thread, don't now post links to the shit boxes like the Terrafugia or whatever. They are impractical and are going NOWHERE. But with Mr. Fusion? Flying cars will be a solvable problem.

Bill Gates documentary on Netflix has a good take on traveling wave reactors and the challenges due to the 2016 election.

 

[vanzandt]

@vanzandt You are showing your age here. Just an ecomm company? Do you even use AWS?

Shareholder value? Take your meds? The stock has gone from what 2 to 2000+ since IPO.

You want a dividend? Buy a REIT.

Ok... the whole "take your meds" thing.... is pretty well worn out on the internet and it instantly proclaims "newbie". . Who's showing who's age? That's uncalled for dude, we're discussing big boy topics here. But you get a pass.

Moving on.... do I use AWS? No. Do I need to? What does that have to do with anything? I can read a report. I can read the last 10 reports. You have no point. Now... let me ask you a question. Did you read the entire thread? Do you understand what "unlocking shareholder value" even means? Did I not say AWS was brilliant? See Dozu here is smart... him and I can communicate intelligently; I was actually going to log on and discuss with him the fact that a breakup would probably be more advantageous to his long position (he owns a ton of shares), as he would get several shares of each company. But that matters not with regards to your point. Speak son. What's on your mind?

Edit... Showing my age? lol. Perhaps. More like my experience playing stocks. If you're under 30, I was doing it before you were born.

 

[tsznecki]

Ok... the whole "take your meds" thing.... is pretty well worn out on the internet and it instantly proclaims "newbie". . Who's showing who's age? That's uncalled for dude, we're discussing big boy topics here. But you get a pass.

Moving on.... do I use AWS? No. Do I need to? What does that have to do with anything? I can read a report. I can read the last 10 reports. You have no point. Now... let me ask you a question. Did you read the entire thread? Do you understand what "unlocking shareholder value" even means? Did I not say AWS was brilliant? See Dozu here is smart... him and I can communicate intelligently; I was actually going to log on and discuss with him the fact that a breakup would probably be more advantageous to his long position (he owns a ton of shares), as he would get several shares of each company. But that matters not with regards to your point. Speak son. What's on your mind?

Edit... Showing my age? lol. Perhaps. More like my experience playing stocks. If you're under 30, I was doing it before you were born.

It seems I've riled you up vandy. What's the matter? Global warming got you melting down snowflake?

If you can't see that Bezos is using a loss leader to fund AMZN's dominance in high growth high margin areas, then by all means keep raging about "shareholder value".

About your quip on age, I don't necessarily believe it's a pro in your favor. If you were so successful and experienced, as even @dozu888 has pointed out, you wouldn't be on ET posting. Where's your yacht? Did they take it during your last bankruptcy?

 

[vanzandt]

It seems I've riled you up vandy. What's the matter? Global warming got you melting down snowflake?

If you can't see that Bezos is using a loss leader to fund AMZN's dominance in high growth high margin areas, then by all means keep raging about "shareholder value".

About your quip on age, I don't necessarily believe it's a pro in your favor. If you were so successful and experienced, as even @dozu888 has pointed out, you wouldn't be on ET posting. Where's your yacht? Did they take it during your last bankruptcy?

A loss leader huh? Wow... I've never heard that before. Such an original concept. As it applies to AMZN! Damn. I must have missed the last three years of CNBC. Its not like they don't have an expert on there at least once a week pointing that out. Good on ya. You don't miss a thing. Pretty sharp.

Where's my yacht...? Omg. Do you have one? I can't afford one; I mean a real yacht. I don't think I'd own one if I could. I've had boats. They're ok. Lotta upkeep. Cheaper to rent.
So, why am I a stock expert and not the owner of a yacht? Hmmmm. Good question. Honest answer... I've played stocks forever because I love the challenge, not for the money. For real. I got sick of never losing at chess by the time I was done with grade-school. Long story. There's only so many things in this world you can't master. Golf is a good one. The markets are one too.

Other than that... you don't see this, but the provincialism within which you reside in your world as manifested by these brilliant, original stock market insights... "loss leader"... its pretty boring. Maybe you should buy a yacht.

Anyway.... AMZN's a good company. But the $2 to $1750.... you missed the show already. You need to find the next AMZN... do that and I might be impressed.