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 233.23+1.8%Nov 28 12:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dwight E. Karlsen who wrote (8674)7/3/1998 3:39:00 PM
From: snoman  Read Replies (1) of 164684
 
<That's the joke. There is no magic in Amazon.com. There are only a group of momentum players who have taken control of the float.>

I agree 100%. IMO the big boys realized all they had to do was limit supply of the stock and it would shoot for the moon, because on one side you've got the guys who think Berzos is the MJ of e-commerce who keep buying, and the other side the value players who know the stock will dive and short everything they've got on it. The Mother of all Squeezes is what we have here. But we all know that. The question is when and how will it end?

The value guys still try to apply their valuation techniques. Wrong! This never has been a value stock, and probably never will be. The chartists try to find support and resistance levels. Wrong again! This stock has never heard of stochastics or MACD. This stock is a FAD, kinda like pet rocks were back in the seventies. Right now its in. As Cramer says the sellers haven't arrived yet. But FADS always come and go.

When the shorts stop shorting, and Berzos has surpassed even MJ to where nothing but kryptonite can stop him, and there's plenty of longs to suck up what the big boys can dump. Thats when the sellers will arrive.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News