SI
SI
discoversearch

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) -- Ignore unavailable to you. Want to Upgrade?


To: bambs who wrote (111623)11/5/2000 10:08:29 AM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
....I wish people would wake up and take this pig down to under $5 so I can cover and move on.

Hi bambs, you are honest about the above statement. You "shorted" coz that you want to make $$.

It's so frustrating shorting garbage stocks like amzn and having to wait for shareholders to wake up and sell

Those other players are not sleeping, are aiming at making $$ also.



To: bambs who wrote (111623)11/5/2000 12:32:38 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 164684
 
Patience, Bambs, patience. Rome didn't fall in a day.

AMZN is going el busto, but it won't happen before the end of the year. If they don't get additional financing, it's all over by the end of next summer. That's not to say that they couldn't have a short covering rally that runs 'em even to 50 between now and then (which would be an awesome shorting opportunity, IMO)...

An AMZN short position is a cornerstone of any well-balanced portfolio, in my opinion.

Regards,

Patron



To: bambs who wrote (111623)11/5/2000 1:27:00 PM
From: Randy Ellingson  Read Replies (3) | Respond to of 164684
 
It seems that people are in denial here. AMZN is going broke.

Consider me in denial -- Amazon.com's far from going broke. Don't you pay attention to things like revenue growth and cost trends? Let alone the guidance from management...

Randy