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  • philtmcnasty8 philtmcnasty8 Nov 14, 2011 10:26 PM Flag

    Soros raises stake in AMZN

    I have nothing but respect for Mr. Soros and it certainly is a vote of confidence in Amazon to have him as an investor, but he is not always right and I'm sure he would be the first to admit it. I once took a position in a promising silver miner (Apex) that had Soros as a major investor. Needless to say we both took a bath as it filed for bankruptcy a couple of years later.

    I admit this is a dangerous short, but there is just way too much hope and promise built into the price.

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