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


To: 16yearcycle who wrote (47429)3/26/1999 2:08:00 AM
From: Bob Duncan  Read Replies (2) | Respond to of 164684
 
Thanks to all for the posts. I suppose I should be scared now since only one person has made money buying AMZN puts. I should also be scared since it will "obviously gap up" tomorrow (although if this is so obvious why did everyone not buy calls?)

I honestly wonder when jumping on the bandwagon with stocks like AMZN will no longer work. When will big MO traders finally get burned? If AMZN gaps up and closes tomorrow at 145 - 150 it is just another feather in their cap.

The thing that pisses me off about all of this is all the bullish analysts. Were these guys the same people telling us AMZN is expensive at 10$ a share??? At least you guys are fun to read because you put your money where your mouth is. These analysts however are a joke.

Hold at 40, Buy at 80, Strong Buy at 120.

And this is advice?