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Strategies & Market Trends : Roger's 1997 Short Picks

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To: CalculatedRisk who wrote (6365)11/2/1997 12:45:00 PM
From: Proud_Infidel  Read Replies (2) of 9285
 
I do not have a position yet, but am considering shorting AMZN. It has a market cap of ~1.4B w/ no substantial earnings for the forseeable future. I stopped by the AMZN thread and I could not find one poster who was long the stock. Even though it is grossly overvalued, I am a bit reluctant to short. It is a Wall Street darling and came back strong near its all time high after Monday's rout. This one is worth no more than $20 IMHO.
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