Bob,
Basically I was trying to say that if shorters keep focus on crappy issues, they will consistently win big.
I traded AMZN lots of times in the past. Actually my first two trade of AMZN were on the short side and luckily I broke even. Since then, I longed AMZN, AOL, and YHOO! and it seems that buying dips on these three issues always work, at least so far. One of the major reasons that I long these issues is that I know that once every few weeks, the shorters are going to get squeezed. And most of which happen when the issues have a major dip.
I don't like AMZN and that's why I only trade this issue. I can long AOL and YHOO! for a long period of time, but not AMZN.
I talked about KO because some time ago, a major short player issued a very negative report on KO... In most cases, this would have caused an issue to drop 40-50% within a short period of time. However, it failed to cause even a 1% drop in KO. The lesson? Stick to crappy issues most the time in a bull market. Otherwise...
good luck,
larry!
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