I bought 40 contracts of JAN 100 CALL Option last
tuesday at $1.875 (4000 x $1.875 = $7,500). Today it's
4000 x $7.5 = $30,000. Hoping tomorrow it goes to $100
then I am cashing out with 4000 x $12 = $48,000. Easy
$40,500 in less than two weeks.
I love this country
HA HA HA HA HA......................
ever. Just face it, Bezos is the King, not Elvis.
If you read what happened today with Amazon, this is
a "New" way for e commerce and it is not the same
as Yhoo and IMAL. Read between the lines and you
will see that anyone, including commercial retailers
can sell inexpensively (compared to up front
advertisement cost which are extemely high) to over 12 million
(and growing) consumers. By the way, if we go with
your premise that yhoo and imal already are doing this
same e commerce selling, why didn't they ever promote
it? It definately will be their lost, won't it?
The best part of this latest development is that
other companies will copy the idea.
Virtual malls - in the U.S. - Amazon, AT&T, Berkshire
Hathaway, Fidelity, General Motors (or some type of auto
mall), Gerber, Hasbro, La-Z-Boy, Macy's, Microsoft,
NPhilTrader, On Stage, Paine Webber, Safeway, Seven-Eleven,
... each with their own stores made up of companies
that fit the mall's niche. I can already hear comments
like "Did you see the latest for toddlers at the
Gerber mall?" or "Saturn has just invented a car with
eleven doors - see it at the GM mall!"
real advantage of the internet will follow -
international. Imagine, taking a look at the Nestle mall in
Sweden just to get some of your favorite, hard to find
beverages or popping into Presidential Life in the UK to
see if they can insure you for less than you pay
All that is required is the
infrastructure (read: software) to get this off the ground. This
will be expensive and a massive effort, but is
achievable. Look, for example, at the array of information
available today on the internet, largely furnished from
people's time and energy, with hardly any being done for
Unfortunately for most companies that want to pave the way,
there is probably more value for second-comers here
than for trailblazers.
I think we all got the picture from your numerous
1) Almost all the brokers were
saying buy AMZN.
2) You, like a dummy, went short
3) Now you are in a super squeeze and you gotta do
everything you possibly can to get people to dump
Dream on.....the fall run up is just starting. There
will be ups and downs but no question that AMZN will
be way higher by year end.
Shorting AMZN in
the fall is like trying to put a fire out by pouring
gas on it.
> AFTER EARNING, AMZN WILL DROP BELOW 60
... then most of us current longs would still be well
ahead. OTOH you may be wrong. The public may be inurred
enough to the losses that the higher revenues (even
growing at a slower pace) may actually push it higher. Or
at least hold steady. Then comes Christmas. Under
your view of the downside risk, still looks like a
good bet to stay long.
BTW I think you're
drastically _underestimating_ the downside. This dog could go
to $40 anytime. I'd LOVE to see an opportunity to
switch to short again for one last cycle before my
Christmas long, but we're running out of time.