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: Alomex who wrote (10936)7/20/1998 8:32:00 PM
From: llamaphlegm  Read Replies (1) | Respond to of 164684
 
Since you insist on continuing this publicly, fine. Honestly, though if we're going to exchange any more of this crap, which is hardly above the level of Bateman, let's just keep the pissing contest in private messages.

First, my positions when I last checked weren't posted to you, but thanks for your input, when I next need your advice on what hedging techniques to use, the richness of implied vols, the Greeks, etc., I'll be sure to call. I susvived ktel, which was a true scam, without the benefits of a wonderously rich option chain, making $ up and down, so I imagine that I'll do just fine. But, as always, I appreciate your heartfelt concern.

Second, I can assure you that once you actually make an effort to address any of the issues I raised, the arrogant tone of your posts will melt away with the smug assurance with which you're asserting views you claim not believe (well, the stock's wildly overvalued, but let me explain why it's like aol, which by the way your good friends at Bloomberg would love to hear explained as they've got amzn categorized as an internet retailer -- shockingly you won't find aol listed in the same industry, but I wouldn't want mere facts to stand in your way).

Oh, when you get the chance you can explain to all the bears what elements of my argument "illustrated wonderfully" the sort of flawed arguments that lead folks to taking bearish positions. It is a question of when, not if, and the only factor harming bears in the short run is a stubborn unwillingness not to box or hedge and a possible shortage of capital (sorry for you but I'm not afflicted with either). Now, why don't you contemplate the difference between substitutes and competition and get back to me when we've got that one all figured out. One more hint delicately applied with a sledgehammer, one largely obviates the need for another good or service, the other is merely a competitor and could be with an identical or merely similar good (you'll have to guess which is which).

As I gaze down at the large spike in price I thank the market gods for a multiplicity of cheap hedging instruments and for the opportunity to increase a long term bearish view at bargain basement (relatively) prices.