Recent

% | $
Quotes you view appear here for quick access.

Amazon.com, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • techstrategy techstrategy Nov 12, 2012 10:52 AM Flag

    Just bought 5K GRPN shares...

    I added yesterday at an effective price of $2.55 via selling LT puts. I'll add more if it hits $2.50. Not worried. I use ridiculous short term overreactions to take advantage of herd behavior. In the long term, I profit.

    From the outset, I said I was targeting 20K shares and bought 5K at $3.30 (actual execution was $3.29). None of your taunting nor the short term price moves bothers me. I stick to underlying fundamental economic value capture. GRPN will be a good investment at these levels. AMZN will be a disaster as a long position.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
AMZN
757.25-5.20(-0.68%)Aug 24 4:00 PMEDT