Amzn

wow i said 65 by mid summer, the damn thing is at 70 and its only spring time.

Lets see, 100+ by July.




s2007S


Registered: Aug 2006
Posts: 3581


04-25-07 12:27 PM

looks just like 1999 today with AMZN up over 10, I would not be surprised to see AMZN up to 65 by mid summer and nearing 100 by the end of 2007. I know its quite sad but anything is possible in this market.
 
Yep, it is a bad one to short. Someone has control of this AMZN move. Maybe it is a good short when insiders start selling. Kind of like MNST, one big owner dump 900k shares on the bs rumor.
 
Just when you are all sucked in, a few brokers are going to dump this thing.

Yesterday's upgrade from I forget who justifying valuation based on 'multiple continuation' just cracks me up.

The multiple is not sustainable.
 
It was one hell of a ride but I'm getting out here. I had the last laugh on this one. Fwiv, I think it still has more upside but 'pigs get slaughtered.'
 
It all started with the breakout at 55 month ago. It was a bullish short white candle breakout with tons of support. The only direction was up.

At this point it will keep going higher like AAPL and other 'white candle' breakouts
 
Quote from stock_trad3r:

It all started with the breakout at 55 month ago. It was a bullish short white candle breakout with tons of support. The only direction was up.

At this point it will keep going higher like AAPL and other 'white candle' breakouts
More...

tons of support? you mean at 40?
 
At the present valuation, Amazon is a value play. You cant value a high flying company like Amazon with the likes of Exxon or some steel maker. These guys deserve the higher p/es and valuations. I say we see 100 in the next few weeks.
 
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