Actually, I probably should be a buy side analyst. Instead, I choose to provide critical thought into the public domain so that gradually people start to recognize these scams for what they are and for the damage they do inflict on the economy via encouraging misallocation of capital.
If it goes back to 240, I will increase my position. I play for the long term fundamentals, not your #$%$ tape painted triple bottom crap. At some point, companies gotta generate FCF and return it via dividends. Amazon's cash flow yield is nonexistent and has been for years. When cap gains rates go up and the holding period requirements are extended, those negligent enough to not to ring the register will be trapped for years until Amazon grows into its valuation (likely never).