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Strategies & Market Trends : AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN)
AMZN 244.22+9.6%Oct 31 9:30 AM EST

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To: T. Pascal who wrote (115)7/7/1998 1:30:00 PM
From: BWAC   of 182
 
<<Traders may want to use option positions as a proxy for a short sale...ie selling out of the money calls or buying puts.>>

I can't wait to make money on this beast. I want to make a frigging ton of money when she falls. Oh, oh, oh, I want a piece so bad.

It keeps going up and up and I keep getting hungrier and hungrier. Wait until you see the top, my brothers/sisters. Wait for the fall and cash in!!!!>>

The literally million dollar question is when will the mania end and come crashing down? I don't doubt that it will end, but I also don't think anyone can predict the date or price. And as the mania continues the risks increase substantially. Dealing with AMZN is nothing short of gambling right now. And the rules of the game are not even defined.

The media hype on CNBC and business news is shameful. These reporters are simply feeding the frenzy. I question whether some of the people investing in AMZN know much more than "it went up yesterday, should go up today". Its the greater fool theory and someone will soon learn that they are the greatest.

Wouldn't it be funny to watch the market reaction if AMZN made an offer to buy out Barnes & Noble? They could buy them what 5 times now.
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