AMAZON.COM RIDICULOUSLY OVERVALUED BY ANY MODEL (AMZN) Message Board

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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: Jimbo Cobb who wrote (116)	7/8/1998 6:01:00 PM
From: T. Pascal	Read Replies (1) of 182

>>Maybe the thread should be re-titled to AMZN--SHORT & BEND OVER!!<< I agree, but I won't be bending over. I'll be behind the supine individuals who will bend over. A little "frombee" as my wife would say, as in "from behind". I wouldn't say it, of course. My wife would. Heh heh. It's so easy to short, because you're working on guessing a top after it's passed. Everyone who's long is going to try to guess the top. I don't have to. I have to guess the bottom. And with shorting, you don't even do that. Set your percentage (75%-80% for my tastes), and cover. Nothing wrong with that. And don't think that AMZN won't go from $100 to $20 very swiftly and fairly soon. If you aren't open to that suggestion, you are so stupid you might as well run for public office. If your basis is above $10 and you're long, I'd sell as soon as you can get a dialtone. These are the facts, and they are not in dispute.

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