Scamazon is already down for the count (near 1 yr low) and won't see +240 before bottoming at sub 50. Why? Because EPS for 2012 is still too optimistic. I predict less than $1.50/sh in 2012, and $1.70 in 2013. When this is confirmed/telegraphed by management, we will see a quick flush down to the 50 bucks range.
The shorts are getting bolder everyday.
A lot of pumptards are deep in the red. Heck, this POS is hanging around the 1 year low.
Pure momentum took Scamazon to 245, and this same force will drive Scamazon back to 50. The big unknown is WHEN.
The big Momo players don't engage a Momo POS at the 52-week low.