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  • smartybob569 smartybob569 Dec 27, 2012 7:43 PM Flag


    Stay away from shorting amazon until the pattern changes.
    Always comes back after being down. Market makers manipulation.
    Oh and the mutual funds that are holding amazon won't take partial profits.
    Buy for long term!.

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    • Buy for long term? How long is long term? This company can not seem to turn a profit. The excuse is always the same. Throwing money into innovation. Owning the next big retail idea. Etc. They CANNOT turn a profit. How long has it been, and last Q they earned a penny. Frankly, the pass that AMZN has gotten will someday come due in a balloon payment. When it does, this thing will dive big time. Am I short? No. Not yet. But I can't imagine there are too many traders out there who are simply blind to the reality that AMZN is a POS whose price (and your chance to make money) depends SOLELY on the next layer of buyers below you. No divs, no earnings, constant passes at ever ER.. When will this thing finally FALL ?

    • Sybil would say 10 yearz and 250.00 iz 'long term gainz' for mutual funds. They are distributing az the story iz getting old and profits and available cash are dwindling - its a short.

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