SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Auric Goldfinger's Short List

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sir Auric Goldfinger who wrote (4478)1/6/2000 10:31:00 PM
From: RockyBalboa  Read Replies (3) of 19428
 
Gentleman,

I may throw in AMZN.

Institutionals: not too much, especially on a net basis.

Weak sector. Consumer internet has significantly cooled off.
Sector mates are at year if not all time lows.

The gorilla is to become a chimp. The knee jerk reaction on blowout revenues (!= earnings) is an important sign. The prospectus of a dimming junk bund market is not really a support for AMZN to raise cash.

The Deutsche downgrade is justified and should add fuel.

I expect it to test the August low, which is around 41.

Once it is on the demise, the uncontrolled selling by individual shareholders can exacerbate the downward pressure.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext