Go to the NASDAQ site. Type AMZN. Go to key financial ratios (liquidity and profit). Rarely will you see a clear negative 4 year trend on virtually every significant metric. The fund managers know well that this is a bubble and a trading scam, but they are playing with other people's money and compensated for AUM.
I'm hoping they quit the games before those that they hurt start doing what Cash suggested is needed to end the games... But, so far the play has been to push it even further..
"Institutions own $43 billion of amzn stock.. how do they exit their postion while keeping their profits."
Who says they HAVE to exit right now at this exact moment. But when they do exit , which they are doing now, They exit under short squeezez and stealth distribution while the muzak iz playing and the media iz pump pump pumping. Don t worry, sybs a diversified short of the pigz - just not surprized if they were to tack on 15% higher in a 5-8 day blow off period iz all.
Are you saying there was distribution while amzn ran from the 240s to 300+? Wrong.
If you think that institions, who own 40% of amzn, are going to dump their shares on retail investors, who own 10%, you're wrong there to.. Where will alll of the institions shares go?
Via rebalancing (inverse parabolas in GLD and AAPL have forced reduced weightings assets that should have been increasing while forcing purchases at absurd valuations in the float jam scams), but that has run its course as those plays have bottomed (INTC, GLD, AAPL). The smart ones are now unloading via the upper deck of Titanic (brought to you by Amazon). But, now the entire market is acting like a MOMO in its death throws. The ride down here will be much bigger and faster when the market turns (which is why I focus on Amazon slim cash buffer and huge hidden leverage...)