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  • koolflyingdragon koolflyingdragon Jan 29, 2013 7:01 PM Flag

    Why Amazon up huge after miss

    Because MM want it so. This is planned even before the ER is released. MM scares long investors by driving the price lower before the release then push the price up right after hour to create short squeeze. I don't think the short squeeze is over yet; We might see the price reached to $330 in a short time as long as the market continues the mad bull trend.

    AMZN is one of the highly manipulated stock(Besides NFLX) by MM in the market. Its movement cannot be justified rationally so just don't play against the trend and try to outsmart MM. You will get burnt easily.

    If you really hate Amazon, try to support your local store like Best Buy(although it also sucks in other way), at least local store give you first hand experience and provide employment in your area. We all know what will happen if Amazon squeeze every possible competitors out of the market.

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