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  • tail_risk tail_risk Apr 29, 2013 7:39 PM Flag

    A lot of short chatter

    This is a buy signal.
    Remember that amzn has a lot of institutional friends. Sure, its going down on high volume relative to the avg volume. What happens when the volume drops. I bet the institutions take it higher on low volume.
    My guess is that it goes down from here and then rallies hard into Friday.
    This is a short-term call.
    Long term, this stock should be sub $100.

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