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 226.99

-1.1%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GST who wrote (42356)	2/24/1999 9:12:00 PM
From: Sarmad Y. Hermiz	Read Replies (3) of 164684

GST, Are you into economics or international finance or something erudite like that ? I look at that stuff, but I don't understand it. Here is what I think matters. People tend to repeat the behaviour that rewards them, and to eschew that which hurts them. Some don't follow that model, but they go broke and are not heard from again. I don't look for a big run-up, because everyone who bought on Jan 8 feels like an idiot now. They will not do it again in mass numbers. They won't have the amount of money to do it with to the same extent. So the buyers got burnt. They will not be eager to buy. When they buy their finger will be itching to sell. Look at each of the five spikes this year. If you were 1 day late in selling, you lost ALL your gain, and if you procrastinated some more, you lost a lot of your principal. And with today as another damper on enthusiasm, I think we will not see amzn at 130 or 140 on this run. I think the major hype will come in Q1 report, where seq rev growth is expected. I don't want to be short at that time. I only covered 100 out of 800 short today. They were shorted at 115 and 120.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next