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  • future_is_fiber future_is_fiber Jan 17, 2013 4:25 PM Flag

    Disconnect with Reality is Temporary

    AMZN is trading contrary to most market fundamentals. They are growing revenues with zero margin!!! What kind of business model is this? Also, they owe a ton of income taxes and sales taxes all over the place and trying to fight it!! They're the only Company apparently who are not required to pay any tax. They don't provide guidance. They keep expanding their business into different areas, I guess trying to manufacture top-line growth. But at some point this strategy has to give. Smart money will not be patient for ever. There are a lot of other companies which are growing WITH earnings. Why would anyone risk being in this Company at these nose-bleed levels when they can trim their risks significantly. We're most likely going into a tough period with the debt-ceiling deadlock next month. Not to mention that AMZN earnings would have to be spectacularly out of this world if they are to justify their price and appreciation to-date. By all indications, AMZN could and should pull back in the next few weeks. But here's the real kicker: I will buy upside calls of Feb 1 tomorrow a.m. This would ensure the crash. Sorry guys, I always cause the stocks to move in the exact opposite of the options I hold. So, brace yourselves. AMZN will sell off to $220 in Feb.

714.91+6.56(+0.93%)May 26 4:00 PMEDT