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stabililize? what @ a low of a PE of 34 going into a potential depression? There are so many better valued stocks that are more compelling to buy as a result of the selloffs that they already have had.
But AMZN should be a safe short for the next couple of years. WMT has a P/E of 16. AMZN would be priced at about $23 to have a P/E=16.
Walmart also has AP "debt" that is 7 times greater than their cash position. Compared to Amazon where the ratio is closer to 1:1.
Not with the dumbfuck brigade of weak shorts in this stock. They've already started covering. What a bunch of assholes.
Safe? Maybe if you can short in the high 50's and can cover in the mid 50's, if you look at how options are priced, and believe in that kind of thing. Maybe not so safe if you already shorted at say $52 like Mikey.