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Amazon.com Inc. Message Board

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  • booyababy2 booyababy2 Oct 30, 2008 11:41 PM Flag

    I heard a rumor AMZN needs money to pay bills right now

    You are such a fool! If we were talking GM here I might agree but this AMZN!!! The worlds largest online retailer. Traffic is ever increasing. They may not be spending as much with given the current economic conditions but they are still buying. I am a postal carrier and I see plenty of amazon parcels, even now. I am a former CPA and financial auditor so I have some analytical abilities and ... did I tell you what a fool you are?... anyway I digress; this company is dominating its space. Even the big box retailers could not break Amazons grip on internet retailing.

    Yes. stocks can go down 50% after falling 50% but the risk reward of shorting a stock down 50% when were talking about a best of breed company that dominates its space is ... well ... foolish (no offence to the fool.com).

    You frankly, are one of the reasons I love this stock. Its the shorts that give me great entry points on stocks I want to own for the long-term.

    Please short some more!

 
AMZN
332.91-2.87(-0.85%)Aug 21 4:00 PMEDT

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