I told you several weeks ago that based upon valuations, AMZN's intrinsic value should be around 38-40. I wish you would have listened, then you would have minimzed the damage. Trust me, don't waste your time listening to a broker. I use to be a broker for a big firm. They don't do any of the research regarding the stock. Plus, the recommendations are tiered. The biggest clients are given the best recommendations first. Investing is a learning process and I hope you do well. The key is to learn from your mistakes and do the research. Ask for help and people will step up. If I were you and I would probably buy some options at this point, the reward is higher than the risk. Good luck on your position.
VectorVest values AMZN at $13.96. I don't think it will go that low very soon but $39 is very likely since that is were we gapped up from after the last earnings report. After that we might get a Christmas run up until the end of November but don't expect to hit $50. HANS is a far better investment and is underpriced right now.