Amazon.com, Inc. (AMZN) Message Board

STOCKTALK

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 220.65

+1.6%

3:44 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mike M who wrote (27908)	11/23/1998 8:15:00 PM
From: Roger A. Babb	Read Replies (2) of 164684

Mike, today's market action destroyed any hope of further interest rate cuts, the next fed move will be up. I expect margin requirements will be raised soon to protect people from themselves. The sad thing is that many investors are buying in now and will lose their shirts. I advise everyone holding AMZN or YHOO to NOT use margin now. If you have large profits, take some of your original investment off the table and let the profits ride. I have been trading almost 40 years and have seen many such stocks come and go. Investors have huge profits on paper but don't cash them, maybe even double up, and then lose everything in the inevitable crash. At least buy some puts for downside protection!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next