James,
I pre-paid my tuition here, big time. I am not going to skip any classes.. <kidding>
To be serious, like you said, Aug is not far enough out. However, If Amzn continues to "move all the time, changing directions all the time", then very short-term(hours or days) puts and calls are feasible. Provided that we are fully aware that this is not investing..
I am very interested in watching the flow, "those who control the flow, control the prices..Those who control the shares, will have to sell to get their money...If they sell, we move, If they don't, then we wait...
I believe that we will get some money back...
I think some people insist that Revenue growth as the most watchable issue to decide Amzn's fate; maybe b/c they know that both Revenue and losses are to be expected...
I think, however, like you said, the Flow is the key!
To quote a Billy Joel song 'Don't go changing'.
I like you just the way you are... I know, I wish the previous 30 days can be just sort of "never happened"...
Jan |