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  • n59218 n59218 Jul 27, 2011 9:15 PM Flag

    All news is out, for next 3 months

    All news is out, for next 3 months ... any one who is trying to establish a new long position is simply playing into
    big boys hands ... and will catch their distributions! After all the pumpomania by the media and a coerced-beat of
    the numbers, the 227 price did not hold, and it closed in a lower-quartile with very high volume! Think ... who
    sold? Why they couldn't hold? If you have seen the L2 action over the last several weeks, the up move is generally
    nudged-up by a 100-share size, and big dumps happen with 1000-4000 size. Its too much to loose for the big-moola,
    holding a 100B+ cap name with ~100PE....for entire three months now! Hence, it won't hold the pps at these lofty levels
    ... it will drift down now towards 180 again! Not much good news to expect in the short term! Everything is already
    baked-in in the price, 10-times over! IMHO!

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    • Tablet announcement probably will be timed prior to 3Q announcement - mind you not good news for AMZN as they will be selling a sub-standard computing device at a loss however the sheeple on in the media may want write a bunch of articles on how this the tablet will be trans-formative. What it will do is push margins lower and lower and variable costs will eat their pos up.

      amzn is about as innovative as sears circa 1938.

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