They sold puts when AMZN was still above $435, thinking AMZN wouldn't plunge this soon, hoping to get some cash while waiting for a fall.
The low end of the gap was the AH close on the last earnings day: $416.50.
It was touched today.
So, the gap was filled.
So, what happens after the gap is filled?
If closing gaps is significant to you, shorts, what happens afterward must be significant, too.
So, what are likely to happen now?
She'll go up.
Techstrategy, can you come up with something new?
I suspect their books are cooked to hide their assets and profits so that they pay less or no income tax and their real assets and cash are parked in their offshore accounts. This explains AMZN's outrageous price.
My predictions are almost always at least one day too early.
Bwahahahaha . . . .
I hope you covered your shorts today, shorts.
I've been wondering if they cook their books so that they won't show their assets and profits to pay less or no income tax. Maybe they have hidden offshore accounts?
You shorts have been claiming that this stock is manipulated. So, why should fundamentals matter? Are you betting that those who've been manipulating this stock will stop manipulating this stock? Do you know for sure that they will?
I really don't follow shorts' logic.
. . . she won't test $442.31 today.