<< But the problem with this play seems to be that intelligent doesn't matter. No one who was "smart" would buy a stock that is a decent candidate for bankruptcy >>
Here's a tissue for you....
The crying on this thread is getting out-of-hand. I can't
believe it. The problem with the bears is that they think that
they are 'right' and the market is 'wrong'. Well, I hate to tell
you, but the market follows it's own whims, and doesn't care what
anyone thinks. It's much better to do what the market tells you to
do. Study, study, study. watch prices, watch how trends start, end,
reverse. Watch how price patterns develop, what happens when 'shocks'
hit. Watch short squeezes, speculative bubbles, etc...
Of course AMZN (et al) are in a speculative bubble.. WHO CARES????
Why try to fight it? The market won't turn by wishing it will. Yes,
I GUARANTEE that we will see prices below 50 again. But when, who knows? I'll never try to 'guess'. It will be apparent when its
happening.
Calling people who buy this stock 'dumb, stupid, un-intelligent' is
a bit harsh, don't you think? Maybe the bears can learn something
from us 'dummies'.
You also said:
<< Brilliant observation! >> to the post comparing B&N valuation to
AMZN valuation...
Well... That may certainly be true, but patting other bears on the
back for making irrelevant, simple comparisons only leads to more
propensity for a short squeeze. You might as well say "The sky is
blue, therefore AMZN will fall tomorrow"
kp |
