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 227.90+0.4%Dec 9 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike M who wrote (7693)6/26/1998 7:30:00 AM
From: Glenn D. Rudolph  Read Replies (1) of 164684
 

I am sorry that you are suffering, although I do understand how it happened! There is
something very sinister about the movement of this stock....Never has there been this
kind of valuation on a stock, with no hope of earnings so far into the future.....


Mike,

This was initially a small position. The stock split and doubled+ thus making it grow to a large position in a very short time. I have never had such a vast movement occur so quickly. The rediculous move smells fishy but it happened regardless so now I deal with it.

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