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EXCEL MARITIME CARR Message Board

  • pablo_yikes pablo_yikes Apr 23, 2007 10:28 PM Flag

    WAYYYYY off topic AMZN

    Anyone else out there short AMZN going into earnings? I'm hedged with some calls in case of an upside surprise, but this thing could drop $10 with any kind of downside. The business model will never lend itself to improved margins, so even top line growth will not lead to exploding earnings.

    We'll see how things pan out tomorrow, but sadly there is no way to form an intelligent dialogue on the AMZN board.

    Still long 2/3 of my EXM position, and can't find motive to sell until rates show signs of topping out.

    Best of luck to all,
    P

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