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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: slipnsip who wrote (7230)6/23/1998 6:14:00 PM
From: yard_man  Read Replies (1) | Respond to of 164684
 
I think he's OK. Glad I bought puts, but wish I had waited. 4K? Man you must be rich to make such big bets with such a low probability of payoff?

Use puts and know your potential loss ahead of time. Better yet pick an easier target. Wishing I 'd never heard of AMZN, but at least I've got a month to work with before I lose my whole bet.



To: slipnsip who wrote (7230)6/23/1998 6:57:00 PM
From: Glenn D. Rudolph  Read Replies (5) | Respond to of 164684
 
Glenn? Glenn? Glenn? Someone better send out an ambulance a squad car to check on
him... :) Only lost 4k today before covering.. Wow do I feel good. Thats pathetic...


David,

I am still here. I lost another $56K today mark to market. I am not in the best of moods to say the least and am reading the thread but not spending a lot of time posting. I am contemplating throwing in the towel before the losses increase even more. I really have little to say nor do I wish to debate the future of AMZN. Regardless if one is a bull or a bear, I believe it is obvious to all that fundamentals now are not in play. It does not matter to me anymore if AMZN does succed in their small nitch, big nitch or goes bankrupt. I could throw a dart and pick the price action on the stock. Studying anything matters not. I have no clue where the next move will be.

I wish you luck and luck to me too! This has and still is a nightmare.

Glenn