HJ, what a weird post (from you).
I am not hyping anything. You will notice that my previous post was statistics without any spin. I am not sure if these numbers are bullish, or are a cause for bearishness. I guess June represents a nice rise over May. But if they did not get so many hits in June, given the novelty of music sales (not to mention me buying 9 CD's already) they would be in big trouble.
I wonder if the setback in April and May have to do with BKS grabbing a chunk of market share, and now AMZN is happily growing again, or if June is an aberration due to the addition of music CD's.
(BTW, why would you think I am anybody besides the Tom D who has been posting sporadically on this thread since February? Check out my profile, and look at some of my prior posts on ADVH--definitely the verbiage of a physician. Also, my prior AMZN posts are there. Finally, can't you tell that I am pretty clueless about this stock? It appears that the more knowledgeable one is about investing, the worse one does with AMZN).
I have not sold my AMZN yet, so any potential profits are just paper ones. My working targets are when it reaches half of its all-time high, or when it gets to $300 per share, whichever comes first. It got ahead of itself with the short squeeze, of course. I have no idea where the support will be. I guess the biggest risk for the shorts would be if they split the stock again and then try another squeeze. Presumably the attempted squeezes will get progressively more difficult if there is meaningful insider selling in the window this quarter.
Best Regards,
Tom D |
