CAPITULATION of The Last Bears:
(This is a weather status report, not a weather forecast, and will not affect the value of your portfolio in any way, long or short. So, to all you mindless vehement flame thrower, CHOOSE A DIFFERENT ARENA.)
The big bad bear covered and went long.
>>> bought Aol @ 107 <<< #reply-10067286
The stoutest and most persistent bear, a constant and relentless critic of Amazon. Who, verbosely if not eloquently, argues that Amazon is bankrupt (morally now, and financially soon).
Who lost his life's work-$1.4 million shorting AMZN last June.
>>> I listened to no one which was the largest financial mistake of my life. I appreciate your recommendation then and wish I listened. <<<
Who, weeks ago, decided to lighten up after another near wipe out in April:
>>> My largest error was the dessimation of my basic account last June. I am use to more flexability and without fresh money, I do not have it. I will take you advice. There is good reason I am not fond of adding fresh money. These stockes should have money in them one can afford to lose. The fresh money I cannot afford to lose.
It is time to take your advice and lighten up. There will be clearer skys in the future. <<<
Who, on Jun 10 1999 11:56AM, declared:
>>> I would not want to create Amazon. I would be emabrassed. <<<
[embarrassed to own 70 million shares of AMZN (worth $15 Billion last month) at the cost of $0 plus 3 yrs of hard work]. #reply-10063729
Who, less than 4 hours later, decided to hog out on AMZN.
>>> Bought AMZN at 115 11/16, <<< Jun 10 1999 3:51PM #reply-10068540
[Although would be embarrassed to own 70 million shares at $0, not embarrassed to own a few thousand shares at $115]
and then, average down after AMZN lost a few pounds.
>>> Bought more AMZN at 111 1/4 <<< #reply-10080331
While the bull-the "proud" prophet, cheered him on
>>> Yes!!!! <<< #reply-10068652
and the prophet himself, averaging down and leveraging up
>>> Bought Inktomi @ 99 1/2 . <<< #reply-10067263
>>> Bought Digital River @ 23 1/4 . <<< #reply-10065201
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Meanwhile, back in the East. The bull is still of proud. usatoday.com
Heather of TYSON'S CORNER, proud and raising a fresh army for the final battle:
"I am a bright girl who did some stupid things."
a trader turned investor,
"There were times when I knew I should sell, when the stock was going down. But for some reason, I just couldn't."
turned non-investor,
her account ... has dwindled so low that she must put up more cash or sell her five remaining stocks -- at steep losses. Well, she doesn't have any more cash, so she sits in front of her trading station trying to sell out
after her entire army (sold her employee-training business) meet its Waterloo,
she is raising a fresh army ( selling her townhome ).
and recruited an ally to fight the final battle along her side.
recruited her boyfriend, Chris, who recently quit his job to day trade alongside her.
"It's addictive," she says.
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Meanwhile somewhere in cyberspace, some "proud" bulls already fought their final battles.
>>>I NEED To Sell a KIDNEY<<<
#Subject-28684
#reply-9923802
and the generous people of the richest and most powerful nation in the galaxy had a field day laughing and enjoying themselves at his expense.
Open season on those less fortunate. What a country!
(Just sample that thread, you will see what the generous people of this great nation do, when a fellow human being is in dire straits. Don't read the whole thread, any decent person will throw up.)
Some bulls competing for first place finish
#reply-9763843
#reply-9764054
#reply-9764484
Those who fought their last battle last year are no longer with us.
>>> I am short AMZN and too bloody deep in red. Almost my entire equity is wiped out <<< #reply-5093632
I reasoned with this unemployed gent why he should simply forget about shorting AMZN, and not to even think of going long AMZN, because his timing would likely be bad again. He agreed, and then did both on the same day in his final battle.
>>> Due to major screw ups, I lost 10 points today on AMZN... Short at 107 1/2 boxed at 10 1/2... Decided to throw in the towl and went long planning to get out completely before day over ... long at 117 ... sell the long at ... 109. ... will stay long into the close what do I have to lose? Can always file bankruptcy... After tomorrow I turn this computer off and look for a job. <<< #reply-5134314
and left the battle field, with some hindsight.
>>> Never think you are smarter than the market. It will kill you. <<< #reply-5236902
Then, there was the story of the globe-trotting thread-billionair, James. Who, after transfering his billions to prophet Williams by shorting AMZN last year, had to come out of 6 years of retirement.
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Meanwhile, out in the West
Girlfriends Barbara and Donna are cruising.
cgi.pathfinder.com
Trader Barbara of Malibu Beach
Traded her account, up 89% in 9 months.
Managed outside money. Traded her girlfriend Donna's account, up 80% in 5 months.
Barbara and Donna got out at the top, and vowed not to try it again.
"eBay and Amazon dropped like 20 points each. I said, 'I don't think I can do this.' "
The girlfriends are going to spend the $millions of profit on cruises.
Barbara and Donna, shame on you. You two are real bad sports, took all the toys and went home. And how many cruises can you go on simultaneously, anyway?
Life is so unfair. He/she who has gits! He/she who has not loses all!
p.s.
Barbara, I want to say something to you, that captures my feeling completely.
Quoting Donna directly,
'Oh, can you do that for me? I'll give you a million dollars to invest for me.'
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The Barbara Streisand story was also posted somewhere in this thread, in case pathfinder.com has already met its announced demise.
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