a lot of interest so far... I still think it has something to do with something Disney may announce. jmho
Just doing a little guessing....
Stock extremely strong right now and will follow the same pattern as NFLX... Probably $395 by the end of the week. jmho
This stock wanted to trade through $360 but because of the 4 million shares total between $350 and $355 it just couldn't. I think Amazon follows NFLX trend and continues to go up through the wake to $390-$395.. I believe once it gets near that $400 level things will get a little tougher. jmho
Man they caught me blindsided.. Good call on the top being at $135 whoever that was cause I missed it!
Open $358, close $367, low of day $357 high of day $368.. Still feel it follows the NFLX trend for the week. jmho
Hey phoney.. also, my son (who is a web developer and a computer geek) told me that Google is building out its server farms with ridiculous amounts and no one knows why. I guess Netflix takes up a third of all internet traffic so that may be a reason for the buildup. I don't know all guesses but trying to connect the dots.
Maybe they hired ex-Netflix Kyncl to mediate that deal like GMCR did with Coke. Lots to work out there and maybe a long term deal is in the making. Just a thought...
Nope.... Amazon will go up just like NFLX did for the week after earnings. Should hit $395 by next Friday. After that I don't know.
get a life... buying those 350 calls that expired today was a risky gamble that could of blew up in your face (they usually do) if this sell-off would of happened earlier they would of closed this under $350 instead of $355... This whole market is controlled by the options writers and most of the volume you see is computers doing algo's... The retail players buy options and the big controlling money sells options. They control the price of the stock by selling small lots at the bid one after another after another and they do this on Friday afternoon when everyone has left for the day. It is just the way it happens. How do you think Amazon went from $355.11 to $354+ in the last 2 seconds of trade? Algo's.. just the way it is and I was trying to save some retail investors some hard earned lessons. Not a perfect science but correct over 95% of the time
Can't believe they let this go. This is crazy!
If, and that is a big if, they run this up another $5 bucks then there will be a huge rush to buy shares to cover those 'naked" calls they sold at $350 today. We will see but I say they knock it under $350
it makes me sick every Friday and nothing is ever done about it.
price manipulation at its best on Friday's;... Algo's in full force today on AMZN..
Pretty much done for today unless the Nasdaq does a complete reversal.. It OEX today and max pain is $350.. I may be wrong but $350 looks like the ceiling today. Next week we should see a little run. jmho