Just cover and realize, you made a calculated well articulated BAD decision and the market is driving you "broke", while you are "right".
Thanks for your money. Now get on the right side of this trade, and maybe recoup some of that loss.
This guy "yourdeadmeat" on the message board is a real bozo, his posts are really really dumb. We know he is long but he can not add anything interesting to the board. OK great we know you are long but tell us something new or do not post junk...
You want me to post something new? OK. Here you go:
MAX PAIN and CURRENT PAIN is $180 on next Friday, which is why I have covered calls sold against my stock at 180 and 185.
I sold those calls prematurely. But hell, I don't mind cutting my money.
Well Happy Valentines Day to longs, and shorts, thanks for the $22 since the low earnings announcement day, into which investment lowering margins was spun, and continues to be spun, as if it was meaningful.
It says that there are enough shorts to play squeeze with for an entire day left in the market--sorry, but that's if all headed for the exit at once.
Feet stuck in quicksand, they just pitter patter in and out stretching out the inevitable until they're exhausted, probably by end of week.
Then some more suckers will short, and we start all over again.
You can't fix stupid.....
It wasn't a down day for the market. It was a slightly down day for the Dow average of 30 stocks. Stock market averages were down during much of the day, but had their usual end of day rally that push the SPX up to slightly positive. Besides the usual forces, there was the expectatiion of resolution in Egypt. The disappointment came seconds before the 4 p.m. EST market close. The futures for tomorrow are down, but what really applies to AMZN is that the gap down after earnings has been filled. AMZN plummeted from this level before earnings. AMZN has crawled up and filled the gap. Is it coincidental taht negative news occurs around the time the gap is filled. That's another burden on AMZN and lowers guidance.
What is it now since earnings? $15 from that day low, and $1 over the cost of shares day before?
Anybody holding substantial shares short has been creamed.
That's awful.. All that cholesterol...
So far $8 more dollars lost shorts, as you get squeezed over the next two to three weeks.
Whattya gonna do, hope for a fallback from $199 to $192?
Wouldn't it be better to get out of the wrong side of this trade?
Yesterday AMZN ended on its high as the short squeeze began to show fruition.
What's the drop back today? $179? Time for a breather?
Best scurry out while you can, and come back long where it is strong.
This is like taking candy from a baby, short are digging their heels in quicksand.
Jeez Louise, we're getting closer to capitulation. I wonder how that guy thrilled with his short at $120 is doing?
Since he took me to task at $176 and said he was happy short at $120, at close $183 today, he must be ecstatic.