absolutely. The best deal all day was buying the $290 puts (after the IV was squashed, obviously) when the stock was still above that level, AMZN traded down to $285.05 this afternoon, pure distribution pretty much all day long. yes this will be below $250 by Thanksgiving, perhaps sooner.
I'm not sure if you simply fail to understand the difference between revenue and profit, or if you are purposefully accusing AMZN's CFO Tom Szkutak of participating in accounting fraud and Amazon's auditor Ernst & Young of incompetence (best case) or collusion (worst case).
Perhaps you can clarify.
Big boys cleaned up on all the puts the sold look at all the dumb phucks that paid a buck for a put 46 dollars out of the money with one day left. They where selling calls all day today knowing they're going to sell the stock next week. Be patient!
Hey it's selling at 15.6 times earnings before accounting for expenses, can it get any cheaper than that?
Sorry, I do not attest to this theory, although it sounds good.
I think Jeff Bezos is a gutsy and honest man. I realize the angst here among the traders, but I think the long term investors like the fun here (I am not one).
Come on, he started from selling books (great idea) to making Kindle and on to so many other things that included Washington post (the oldest extant newspaper in America).
Every normal person is at a bar after work on Friday with family friends or coworkers....but this loser is home all alone watching a bunch of dirtyjuew charlatans. How Priceless.
Aiwal1 - I think you're an idiot and bad personality. When you're not making profit on AMZN, then you called Amazon CEO a BOZOS. FYI - He's a founder of Amazon, Chairman and CEO. He's also one of the billionaire. If you think you're so smart, why are you shorting AMZN and why don't you become someone like him. You're such an idiot and do not named people.
he's right but the fact is there are too many funds invested in this turd so lower than $240-260 AMZN will never see. I believe that is why Bezos is not worried and is over confident to do whatever he wants with the money he doesn't have because he knows AMZN is supported by wall street. When he loses that support maybe then he'll make some disciplinary changes to move the company in a different direction.