Actually KTEL was the short squeeze of the 90's.
forum consensus on AMZN
- Thread starter scriabinop23
- Start date
Actually KTEL was the short squeeze of the 90's.
No, Amazon has all kinds of incentive goodies... and go try it, it's a 1 click buying experience. Talk about impulse shopping, I can't go near that site without dropping $500 in 10 minutes.
Geez... do this little experiment for yourself ok? Turn on Amazon, go to Housewares, and ask your wife to just 'take a look' at the sheets... then see if you can get your computer back for the next few hours... and then go look at your credit card balance the next day.
There's no store or mall on this planet that gets me to spend money like that stupid site does. And I confess to being very cheap. I mean frugal.
Retail stores have sites sure, but they don't have as good deals most of the time, and the site convenience is unreal. Go look at um.... options books! Then go compare the prices at Barnes and Nobles.
I have been chatty today... I feel irrationally exuberant. I made up in 10 minutes this morning my sizeable loss of 2 days ago, and then enough of a buffer to weather anything short of a 20% drop. I'm happy
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Geez... do this little experiment for yourself ok? Turn on Amazon, go to Housewares, and ask your wife to just 'take a look' at the sheets... then see if you can get your computer back for the next few hours... and then go look at your credit card balance the next day.
There's no store or mall on this planet that gets me to spend money like that stupid site does. And I confess to being very cheap. I mean frugal.
Retail stores have sites sure, but they don't have as good deals most of the time, and the site convenience is unreal. Go look at um.... options books! Then go compare the prices at Barnes and Nobles.
I have been chatty today... I feel irrationally exuberant. I made up in 10 minutes this morning my sizeable loss of 2 days ago, and then enough of a buffer to weather anything short of a 20% drop. I'm happy
.The problem w/ amazon's business is that one of the main things they do to keep customers loyal is the free shipping deal. What happens if other retailers offer the same thing?
Also, their business model is far from unique. Look at yahoo shopping, or google's froogle, very similiar things, and pretty popular too
Also, their business model is far from unique. Look at yahoo shopping, or google's froogle, very similiar things, and pretty popular too
Actually, I rarely get the free shipping deal... because most of the time, I do not buy directly from Amazon, but from one of their bazillion vendors.
Amazon has a feedback system, but more important, they offer buyer protection for things ordered from their vendors. I have NEVER had a problem with an outside vendor there. I did have a problem once where I was shipped 2 of the same part, but missing 1 of another. I had the replacement within 2 days. That's a much easier way to do it (have someone pick it up from your door and bring you a new one) than standing in a store line with a cart and returns, the gas to get to the store and your valuable time wasted doing it?
I know, I sound like an iPod groupie for Amazon, but I see NO reason to look at another online shopping company ever again. About the only way I'd even look at Goog or Yhoo's shopping sites is if Amazon went out of business. That's how much I like Amazon.com. I would guess most people who have ordered more than a few things from them feel the same way.
Oh... and gift giving? Find an item, click, "Buy It Now", enter their address and what you want the card to say, and you are done... and they'll get it in 2 days. I sent Mother's Day Flowers and chocolates 2 days before via Amazon last year. Christmas shopping, Birthdays, Weddings and Funerals, I've never been able to spend my time this efficiently ever before. I can solve a social situation in 5 minutes, with 1 eye on the market.
Yes, there are other shopping sites, but Amazon and Ebay are pretty entrenched. I am happy. I see no reason to be Goog or Yhoo's guinea pig while they learn how to be like Amazon, because I can just go to Amazon. Plus, Amazon have this awful feature that records all the types of things you like, and shove it in your face next time you appear on the site, so you can spend still more $$.
Lets say you are an amateur photographer... you look at some photography books. Next time you open the site, you will see nothing but photography books along the same lines you looked at, new cameras, lenses, etc. Or stock market books. Or the latest DVD's... you can sign up now for the movie you just watched at the theater and preorder the DVD so you have it at your door the second it comes out. Video games, yesh, you name it.
Why would anyone need another shopping site? If you are used to using Google, what would prompt you to start searching on MSN? You wouldn't. If all your music is on an iPod, why would you switch to Zune (unless someone showed you the difference)?
The lead time Amazon and Ebay have had established loyalty, and people are creatures of habit. Unless they start doing something stupid to their customers (ie, Home Depot cutting back on sales help), people will stick with them, and they will tell their friends about them, and not another service.
Is goodwill a commodity? You bet. And they've been at this for years now, they have worked out most of the bugs, and the service is fantastic. Who cares what new shopping service crops up? What can they offer that beats perfect?
Amazon has a feedback system, but more important, they offer buyer protection for things ordered from their vendors. I have NEVER had a problem with an outside vendor there. I did have a problem once where I was shipped 2 of the same part, but missing 1 of another. I had the replacement within 2 days. That's a much easier way to do it (have someone pick it up from your door and bring you a new one) than standing in a store line with a cart and returns, the gas to get to the store and your valuable time wasted doing it?
I know, I sound like an iPod groupie for Amazon, but I see NO reason to look at another online shopping company ever again. About the only way I'd even look at Goog or Yhoo's shopping sites is if Amazon went out of business. That's how much I like Amazon.com. I would guess most people who have ordered more than a few things from them feel the same way.
Oh... and gift giving? Find an item, click, "Buy It Now", enter their address and what you want the card to say, and you are done... and they'll get it in 2 days. I sent Mother's Day Flowers and chocolates 2 days before via Amazon last year. Christmas shopping, Birthdays, Weddings and Funerals, I've never been able to spend my time this efficiently ever before. I can solve a social situation in 5 minutes, with 1 eye on the market.
Yes, there are other shopping sites, but Amazon and Ebay are pretty entrenched. I am happy. I see no reason to be Goog or Yhoo's guinea pig while they learn how to be like Amazon, because I can just go to Amazon. Plus, Amazon have this awful feature that records all the types of things you like, and shove it in your face next time you appear on the site, so you can spend still more $$.
Lets say you are an amateur photographer... you look at some photography books. Next time you open the site, you will see nothing but photography books along the same lines you looked at, new cameras, lenses, etc. Or stock market books. Or the latest DVD's... you can sign up now for the movie you just watched at the theater and preorder the DVD so you have it at your door the second it comes out. Video games, yesh, you name it.
Why would anyone need another shopping site? If you are used to using Google, what would prompt you to start searching on MSN? You wouldn't. If all your music is on an iPod, why would you switch to Zune (unless someone showed you the difference)?
The lead time Amazon and Ebay have had established loyalty, and people are creatures of habit. Unless they start doing something stupid to their customers (ie, Home Depot cutting back on sales help), people will stick with them, and they will tell their friends about them, and not another service.
Is goodwill a commodity? You bet. And they've been at this for years now, they have worked out most of the bugs, and the service is fantastic. Who cares what new shopping service crops up? What can they offer that beats perfect?
Your opinion on Amazon does not count. Your feelings about their services does not count.
What does count is what the market thinks and believes...
I dont like buying things online and would rather go to a regular retailer.
So with that said, I think it goes higher.
What does count is what the market thinks and believes...
I dont like buying things online and would rather go to a regular retailer.
So with that said, I think it goes higher.
You know, I don't know what got into me last nite with all the Amazon posting, lol.
Not only doesn't it count, because I like them says nothing about how well they run their business, nor how profitable they are. A company may be fantastic because they give away the store and cannot turn a profit too (not that I think this is the case here).
Further, I loved Amazon last year, and they had a horrible bottom line... because their free shipping policy cut seriously into profits.
I have to qualify all those glowing notes I posted about them with the caveat that they have nothing to do with Amazon stock, but amazon service. Much of the time, the 2 go hand in hand, great business + customer satisfaction = nice bottom line, but not always.
What was I thinking? I'm short this thing right now! LMAO!
Frankly, for traders I am a bit surprised at all this chatter. No trader can say which way the instrument is going for sure, but there exist situations that repeat constantly, and when you see one as a trader you are bound to act in the way that favors you, then manage the trade accordingly.
All this no way, won't do this crapthink is not trader think. The fact is, this was a huge volume spike trade and amazon or no, it should trade down.
All this no way, won't do this crapthink is not trader think. The fact is, this was a huge volume spike trade and amazon or no, it should trade down.
