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 238.81

-0.2%

9:52 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sarmad Y. Hermiz who wrote (55125)	5/4/1999 4:53:00 PM
From: Rob S.	Read Replies (3) of 164684

Be careful Sarmad. Here is what has changed from past times when Amazon went down: The opinion has shifted about the direction of future earnings. The 2.5X increase in losses forecast for the next few quarters has set ANALS wondering where they left their brains when they previously thought that they had it all figured out. Tiptoeing through the tulips just isn't as much fun as it used to be. As a consequence, they have reit'd buys while they told their big clients to bail out, IMO. That's one reason why you see the increase in volume to the downside. And that is what is very different from pull-backs that occurred prior to earnings and cc. Before that, the volume was light on the downside and up on the upside. The stock was being accumulated in anticipation that the God of the Internet had anointed Bezos and Amazon as the rulers of Bizarro virtual ecommerce world. The "buy on the dips" strategy that has worked so well in the past may work again if Amazon gets battered to extremes. But the near-term trend is for widening losses, greater risk, and summer doldrums, IMO. "Sell on the rallies" is the current days' order.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next