Just completed an anlysis of the AMZN year-end numbers.Their Long Term debt went from ZERO last quarter to $77 million at year-end. Their cash/Investments went up from $48mm to $124mm ($76mm !!) WHY WOULD AMZN BORROW $77 MILLION and just put the money in cash. We know the high rates they are paying, why not draw down their recent loan when they need it?? Last time I saw something like this the owners left for BRAZIL !! Good luck you longs. Glad I'm just a comfortable short-seller.
I read your post and I hope your not saying what I think you are? Look im in this thing with all of my savings and i even borrowed to buy more. The Broker said this could'nt miss.I told my friends last week they are pissed at me they bought at 63 I hope this is just a temorary thing and not something bad I was planning on buying a house in spring with the profits I hope it goes back up.Im really getting NERVOUS!!!!