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.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.60+1.5%Nov 25 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Reilly Diefenbach who wrote (119346)3/5/2001 12:01:25 PM
From: manalagi  Read Replies (1) of 164684
 
Stephen:

I agree with your post. You don't short a stock that has excellent fundamentals. Dell has that attributes. That is different from Amazon. Although shorting a stock has an unlimited loss potential, one just don't let it ride until it hits skyhigh before you cover. Have a buy stop or buy a call. A stock like amazon is just good for shorting. I have done it several times, and cover them too soon (I am not complaining because I reaped profit every time). The characteristics amazon give us a double amounition for going down: a. fundamental is as stinky as a skunk and b. market downturn. Compare that to dell: the problem is just market downturn while the fundamentals remain intact.

go longhorn!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext