Well, last Friday I sold some Jan 260 calls that expire the 18th. Wake up this morning to a MS upgrade and the rest is history. Bad timing...
I read some posts that say that the market doesn't care about pe or fundamentals when it comes to AMZN. Clearly the market doesn't care right now but this stock will eventually revert to the norm.
This is not a magical stock. it will either grow profits into a reasonable PE or the stock price will fall until the PE is reasonable.
I'm in the stock price will fall camp.