Andrew, if you believe that AMZN would end up stocks like IOM, then your timing has to be 100% correctly, if not, then your risk is huge unless you have deep pockets. I did follow IOM, but I can say that I wasn't guts enough to be the first few pioneers to short it, but once it fell, I did make some money on its way down. When I short a short, I need for sure sight, I may make less, but the point is that I still make some. BTW, be careful if AMZN may set for stock split, look at MSPG today, it's up over 15%, it could happen to AMZN too, and it is possible, just be aware about this possibility.
Good Luck. |
