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Amazon.com Inc. Message Board

  • nemesis_editor_2007 nemesis_editor_2007 Apr 3, 2014 6:29 PM Flag

    Why they earned the name idiot shorts

    Bulb,

    Note that all the shorts posting about Fire TV know nothing about it. Zero research. They expect the same or a lower price for a product of much higher spec than existing competition's models, since they have no idea, just you had no idea how the various spec compare. It isn't just an opinion of mine, they/you display utter ignorance about the company's products daily, that demonstrate a great lack of due diligence.

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    • "Note that all the shorts posting about Fire TV know nothing about it blah, blah, blah, blah"

    • Why do u think that AMZN will apear with TV BOX when we have NFLX, APle TV , Google Tivo
      don't you get it
      JB is desperate and he is trying to get momentum back
      they came out with upgrade it did not work
      they came out with prime price increase it did not work
      they came out with TV box it did not work

      if stock will continue to loose momentum the downgrade will start to hit AMZN and in some months this baby can go back to 120-100
      you do not believe?
      remember NFLX....

    • It's hard to do much due diligence about a product that was unveiled yesterday.

      But I think what matters about research is on a different level.
      Correct me if I'm wrong, but you seem to have a long term view of Amazon. And if you have been long in it from the teens, then you have a huge paper gain, and if you are still in now, I guess your extensive research has given you reason to expect new highs sometime.
      I don't doubt that you have put in far more time and effort studying AMZN than I have. I don't know about others. In my case it didn't take a lot of research to see the shares were very likely to tank soon. It's been obvious for a couple years that the price was going parabolic. And a look at the company's statistics quickly showed that it was being valued in a way that typically can't continue. There is no need to research a lot of small details when the critical driving forces of price behavior are overwhelmingly bearish as they were in December.
      As Sybs correctly pointed out recently, all the stuff companies must report every quarter is untrustworthy. The analysts are untrustworthy. So, research has limitations. Yes, it is good to do it, and with a long time horizon like yours, it may be more important. You need some research to trust while riding out draw downs like this, and staying long for hundreds of points over several years.
      But the shorter swings are not driven by all the stuff you studied. The stock didn't spike up from 300 to 400 because of the P/S or how much memory a Kindle has vs a Nook or whatever. The stock price is not rational short term. It's wild, emotional, and totally crazy. Big, steep price moves are all about raw greed and fear. That can be seen with a glance at the chart. It's on a different level than your research. Once AMZN went parabolic last year without a huge change in fundamentals, this sell off became very probable. The exact timing was uncertain, but the eventual outcome was likely.

      • 2 Replies to bulbtrader
      • "It's hard to do much due diligence about a product that was unveiled yesterday."

        No, actually it is the opposite of hard, regarding the stuff covered in his post, it would have been really easy. On the Fire TV product page there is chart displaying all the competing products alongs side Fire TV and their specs.

        Only someone who has never looked much past the PE like yourself might think it was hard.

      • “In my case it didn't take a lot of research to see the shares were very likely to tank soon blah blah blah ”

        That is only easy to say after the fact. I asked you this before and you failed to reply since you knew what I implied was true. But Tech (and practically all the shorts from much lower) made all the same arguements you just did at $180. How come his outcome and yours were so vastly different? Pure luck. You’re simply trying to make excuses for yours (and their) laziness about due diligence.

    • We now return you to your regularly scheduled show "Cretin Debate" starring Sybil and Techyboy, two of the world's worst traders..........

      Sentiment: Strong Buy

 
AMZN
358.14-2.70(-0.75%)Jul 23 4:00 PMEDT

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