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 229.12

-0.2%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: GST who wrote (47697)	3/28/1999 6:46:00 PM
From: Sarmad Y. Hermiz	Read Replies (1) of 164684

GST, >> Imagination, which is also a wonderful quality, is more likely to characterize the successful net investor << I believe this is the model that one has to be aware of when dealing with amzn. In World War II, American navy crews could not at first imagine that Japanese pilots would actually purposely crash into the US ships and kill themselves for the sake of sinking ships. Similarly, amzn shorts, including myself, did not imagine that amzn buyers would commit financial suicide by buying amzn at 200, just so both they and the shorts would self destruct. The model can be extended. Just as US navy learned to anticipate the suicidal approach of the kamikaze, amzn bears learned to anticipate the hysteria of the amzn bulls. So now they cover very quickly. Some buy in advance to sell to the bulls. That is what happened the last 4 times amzn crossed 140. The shorts that did not learn this lesson, they are sunk below the waters of the Amazon.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next