Im shorting AMZN before the earnings and I dont care what the ET experts have to say

[Port1385]

This madness with Amazon CANNOT continue. I am shorting AMZN and I dont care what anyone on ET has to say.

 

[Port1385]

cost basis right now is 82 and in the money as i type this...

 

[Port1385]

Breaking down, earnings release leaked.

 

[dtrader98]

amzn has been the absolute annihilation of shorts. Hope you aren't basing it on fundamentals; playing with fire on this gamble either way. GL

 

[Uncle_Ho]

I sold some july call spreads about 5 min before the close, almost when stock hit the high on the close. Too bad I didn't do enough, I felt like I wanted to fill more, since the more I sold the more money I was credited lol. I'll probably walk in up 3k-5k on this tomarrow.

I think AMZN is an short long-term. This company is over-valued and I think the underlying fundementals are weak.

 

[Port1385]

Haha. That was a horrible earnings call. Simply awful. Stock down 4-5% in the afterhours session.

 

[Trvlwanderer]

Quote from Port1385:

Haha. That was a horrible earnings call. Simply awful. Stock down 4-5% in the afterhours session.

While flipping coins, you were bound to be right at some point.

Too bad you don't trade with real money.

 

[EPrado]

Quote from Port1385:

Haha. That was a horrible earnings call. Simply awful. Stock down 4-5% in the afterhours session.

Really, looks like it's trading at 82.50 up in after hours.

 

[CET]

Quote from Port1385:

This madness with Amazon CANNOT continue. I am shorting AMZN and I dont care what anyone on ET has to say.

Since you don't care what anyone thinks don't clutter up ET with useless posts.

 

[Port1385]

Well, when I was sitting down around 4pm price was falling and I was laughing my ass off. Threw a trailing stop on it and then came back to find me stopped out at around 77.5. Nice little trade for the day...