SI
SI
discoversearch

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.
Strategies & Market Trends : Roger's 1998 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Research Week who wrote (16248)1/11/1999 8:10:00 PM
From: HiSpeed  Read Replies (2) of 18691
 
<Short Sale Recommendation

We have initiated coverage of Amazon.com Inc. with a Short Sale recommendation. Our 12 month price target is $125.

Research Week Inc.>

Ooooops?

Considering that was posted before the split, AMZN is now at ~550 (3:1 split remember). Why do so many fight this trend? We know it is overvalued by a factor of 10 or 100 - has been for a long time. Logic flew out the window long ago on these puppies. Go long and babysit the stock - if it tanks get out and even short it if you want.

BWDIK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext