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 233.22+1.8%Nov 28 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Myword who wrote (6913)6/21/1998 5:11:00 PM
From: F The  Read Replies (1) of 164684
 
techstocks.com

Bill, very well analysis! I do appreciate Dr. Tom D's concern to us, AMZN bears. I am trying to be open minded and reassess the situation as Tom has suggested. I talked to myself that I shorted when it was $45, why would I quit shorting when it is $80 and nothing has changed and if we strongly believe the price would tank--just don't know when. I must admit that I made a mistake by not hedging and should have done it like HJM or gbh or GK or CS. The way to go for me is to keep adding Oct & Jan puts position so when it goes down, I will not only recover what I have lost, but have some nice profit. Tom and the longs, would probably say that shorts are dreaming. Hopes and Dreams are all about anyway in AMZN. When you are long with AMZN, you are buying hopes and dreams. When there is no more hope and dream, then the price starts to fall, big time.

I know the market is always right as the longs have said don't go against the momentum. I could not agree more and the market will also right when the momentum is reversing. I feel conservatively for 1-6 mo term period the odd is 8:1 in favor to short. It was 4:1 when the price was $45. As you said Bill "Time will tell."

Felicia



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