Market on "bennies". Artificial stimulus always wears off.
I disagree, I do believe skiidady has money at risk. It would be pointless to post messages with no skin in the game.
Has skiidady admitted his error in KKD yet? That baby has more than doubled off the lows--has way outperformed Amazon.
In fairness, skiidady does get it right once in a while. He was correct about Pre paid legal. He was correct about a major rally in CMG after the crash. I don't want to seem unfair here.
Shorts are easily panicked. Fewer shares outstanding after rev. split. A market plunge, if it happens, hill only panic them more. This thing could rocket up.
Latest Barrons raises questions about Amazon and other companies.
If that were a signed contract, GeeGee would have stopped posting weeks ago. I guess yahoo doesn't recognize Geegee's promises. as a contract.
In the 1830s, after the closure of the Bank of U.S. ("B.U.S.") the federal government decide to keep excess funds in a few state banks, dubbed "pet" banks by the critics. It seems possible that Amazon may be one of a few "pet" stocks that are kept aloft (by funds, excess QE funds, who knows?) to cameflage the internal damage in the market. One of the current "Nifty fifty" or "pet" stocks. One day, rationality will return. It did in the 1830s. It did in the "nifty Fifty" 1970s. It will today.
Dec. 29, 2011, PKI message board--skiidady says "Short this pig" when PKI was around $19. Meanwhile, about the same time I said "PKI to $35 at least". Over the next year, PKI indeed traded up to $35.
Sybil, truer words were never said. I will sleep well knowing that skiidady is bullish and I'm short.
All I know is I bought it in low $20s and it went up to mid $30s. Who cares about a brief dip to $19? By the way, on near the exact low day, you came in and said sell PKI--and that exactly markeed the bottom! Spotless contrarian record, skiidady!