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 228.75

-1.6%

3:32 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sarmad Y. Hermiz who wrote (56633)	5/14/1999 1:05:00 AM
From: KeepItSimple	Read Replies (2) of 164684

Why the hell do you think M.L. hired Henry B. as an analyst from obscurity? Because it's all about perception. He got lucky on his "Amazon to 400" call, and since then everyone follows every darn thing he says. M.L. knows what he is- a printing press for cash. Do you have any idea how much cash M.L. makes for itself and the big clients by buying calls right before Blodgett makes a prediction? Analysts these days are celebrities. Blodgett wouldn't know a spreadsheet from a bedsheet, but it doesnt matter. All that matters are that millions of idiotic daytraders hang on his every word. (buying calls a day before options expiration is almost a guaranteed gold-mine, since all the brokerages have started issuing STRONG BUY recommendations or raising targets with 24 hours of time premium left. Legal? Like the SEC cares. Everyone working there ends up in private industry eventually, so if you think they're going to ever try to clean up this sort of thing, keep dreaming) >up 25 pts just because Henry B. said to buy. This gets more >unbelievable every day.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next