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Strategies & Market Trends : Dividend Growth Investing and chit chat. -- Ignore unavailable to you. Want to Upgrade?


To: SeeksQuality who wrote (2014)1/25/2022 2:52:38 PM
From: casualguru1 Recommendation

Recommended By
SeeksQuality

  Respond to of 2146
 
I did something similar today myself as I look for history to repeat itself from the last time AMZN dropped (it was back when it went from $750/share to $500 and I loaded up for myself and my daughters at the time - haha, it was February 2016 btw.) I sold it at $2000 then although the girls still hold it. So I trimmed "profits" from HD and EOG and bought @ $2800 today. Did the same thing recently with SHOP because no way do these stocks stay down for long. Limit orders set on Schwab as "Good Until Canceled" immediately for both as this is purely a play for gains, nothing more. Then it's back to dividend-payers with some spare cash.



To: SeeksQuality who wrote (2014)1/25/2022 2:59:21 PM
From: Top Of The World Ma2 Recommendations

Recommended By
Just Fine
marsdon

  Read Replies (2) | Respond to of 2146
 
RE: AMZN

Just curious, as someone just sitting back watching the show, I have to ask....what makes AMZN such a compelling value here, right now, as opposed to say June when it was trading at these levels then? Why wasn't it a value THEN as opposed to now?

I'm not saying it wasn't a good buy here or a good value, I'm just coming at this from a investing psychological point of view. Is the dramatic gyration the markets displaying right now influencing some decisions that some investors are making (not saying you were wrong)?

I think many associate a market correction with creating automatic value and while that may be the case in most instances, I'm still not seeing compelling values in this market yet.



To: SeeksQuality who wrote (2014)1/25/2022 5:52:11 PM
From: chowder  Read Replies (1) | Respond to of 2146
 
I bought some AMZN yesterday. I initially was going to buy 10 shares but went with 5 instead and will now look for an opportunity to buy the other 5 shares. I want to see if there is any more downside before making my decision.