looking back at history may has usually been a bad month and imo we just saw the begining of it today ,,the swing was enormous on the big board and the daq,,,it looks like the big funds will hold off buying back nets for at least another 20% discount,,,out of all the nets amzn doesn't look to good ,,i think they have released all their good news and the cc was very evasive and they will not begin to make money for atleast another 3 years and when that happens we still don't know how much,,i don't see any short term upside and if the nets have a bad may amzn will see 100 ,,when people spend 220 for a stock they want growth and for an analyst to say the price will double in the next 5 years ,,that just does't cut it ,,in the short term i see amzn trading in the 120-150 range,,,
all imho |
