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  • philandjoel1e philandjoel1e Sep 29, 2012 8:06 AM Flag

    Tech, you waste your time with these pumper idiots

    Its a pig - just short it... You dont have to Explain why because the parabolic chart tells the story... You just need to ignore the pumper idiots - they dont even bet for godsakes, and stay away from optionz.

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    • I spend time posting and explaining so that retail investors who happen to come to this board get a fundamental perspective and so that they realize the behavorial investing games that are being played (designed to draw them in and, as you often say, transfer money from the many to the few).

      On most boards, I find some intelligent longs with a reasonable and cohesive, if flawed, investment thesis. Amazon's board has been devoid of any such longs for awhile now. Geeg and Nemesis try, but Nem has many gaping holes and inconsistencies in his arguments and Egg, well he doesn't really have any content to add. Bruce wisely took about 2/3 off the table, which I respect, but his entire thesis is based upon cult worship of Bezos, which will prove massively misplaced (but to Bezos' credit, he will suffer more than anyone else because he has held most of his shares where in most of these scams management is dumping shares into the company buybacks)

    • I've heard the same story for the 3 years I've been on this board. I bought at $135, and shorts were saying it has to go down. Of course none of them has read JB's letter to the stock holders.

      Sentiment: Strong Buy

      • 1 Reply to brucetheharmonicaguy
      • Bruce,

        You can't use pass performance to predict future appreciation. If you bought at $135 do you have a price that you expect to sell? With these "growth" stories PPS can evaporate in a flash ( NFLX,GMCR,CMG etc) I was long MNST and watched 20% appreciation turn into down 10% in a day. On the other hand I was down 25% shorting CMG before closing out that position up 200%. To be transparent, I had AMZN short briefly, but realized quickly that now was not the time to short, so I'm on the sidelines for now. I'm thinking it (and the markets) have one last squeeze in it.Thinking 270-275 range as an entry to a solid short position. - PJ

        Sentiment: Hold

    • Techyboy is just another obessive compulsive like yourself who spends waaaaaaaaaay too much time ranting on message boards. I'm beginning to suspect he's a federal employee.............

      Sentiment: Strong Buy

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