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  • geegenjar geegenjar Jan 16, 2013 6:25 PM Flag

    and now 270 and beyond again: Congrat to today's sub 270 dipbuyers

    No doubt some shorted AMZN expecting eBay's crash tomorrow. They'll HAVE to cover.

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    • Ebay iz up .7% and tradez at a multiple of 17x, which even that iz high... Ebay makes a little money 3.00/ share in a niche.

      Amzn makes no money and iz spread out across many losing businesses, master of none... Amzn tradez at a 2700x multiple.

      So what do we know?

      1. Amzn iz not ebay....

      2. Shorts will not be 'forced' to cover, infact a 'pop' to a lower high will be viewed by most shorts (at least this one), as a short selling opportunity to short sell more.

712.24-2.67(-0.37%)May 27 4:00 PMEDT