It will be all over the news tomorrow. I just bailed on all my remaining longs. Put on new shorts. There is no fear out there.... Time to sell
Been long since it hit $525 the first time. Rode it down and now its been week. Gave it a chance but this is dead money at best and don't feel like riding it down to $400. I'm out.
Short/Stay Short/Sell at your own risk.
Saying that the current crisis has created a compelling valuation, and legal headlines are overblown, Raymond James raises beleaguered McGraw-Hill (NYSE:MHP) and Moody’s (NYSE:MCO) to Strong Buy from Outperform. The respective price objectives, at $62 and $55, are intact.
Newbies. This will be my 8th call. These guys will say all the right things analysts will want to hear. Count on it.
Got long at $100.50 just now.
With all these warehouses they are building to house merchandise and fulfill orders, they are no better off than the big box stores. And they have shipping costs that its peers don't.
They already have razor thin margins and it wont get any better anytime soon. At best, they save a little on wharehouse space cost vs. retail space but to the point of being over 100X more expensive than Walmart ?!?
Anyways, as AMZN grows so does their need form "Bricks and Mortar" and it will never "grow into" these insane valuations.
If you want a play on e-commerce, EBAY has a way better business model.
Every analyst on the street had outrageous price targets on dot coms and almost anything tech even though the valuations didn't make any sense. The reasoning and arguments being made now for AMZN remind me of what was being said in 2000.
This will get ugly when the music stops....
This market is really sickening. No wonder people staying away.
I hate people the pumpers on CNBC who say anything to sucker you in.
Good luck with this ponzi market. I'm out. I will need time to heal but at least it's over.
I mean c'mon, get real.
As for those holding and trying to squeeze the last iotas of juice left in this move, you would be well advised to remember the adage "Pigs Get Slaughtered".