put buying is a suckers bet if you own the stock just sell it. 9 times out of 10 the option expires worthless. Then you are still stuck with the dog.Brokers want you to buy an option so they can rake in more bucks and let you still be stuck with a stock he knows he can talk you into selling at anytime. Commissions a plenty. If you own it just sell it
hogsthes18ter- You are so right- no matter what the stock is the 50 is the key. It will correct at least to the 50. Every stock that is this extends has in the past. Unless you believe that this time is different you hit the nail on the head.
Goldman said hold until the earnings come out. They said nothing in public what to do after the earnings report. So by default they are telling their clients to run for the hills now. Of course nothing would be said in public since their clients need out now. Thanks for holding while Goldman gets their folks out.
So the idiots don't think on line sales are driving the stock price. Let's wee what happens in the next week when sales are flat and losses are going thru the roof. do you honestly think the world si stagnating still and letting this pig be on top of the cloud forever. Ha fools watch the purge when Christmas on line sales fall flat. Ys sure idiots hold on while the trading desks smoke you.
Cyber sales are slowing and AMZN is priced at a 900 PE. In addition the pump is based on retail and when that comes up short they will site the cloud. Problem is they are top dog there with only one place to go --------
down. some big names are coming after them and the business is barely profitable. By next year the pig will will be down big time.
AMZN to start a ground transportation business. another long money sucking operation. Loses a plenty Gives them a chance to ship more stuff at a lose under the illusion of sales=profits.
without the greatest santa of all. you know the one that sells and ships you stuff at a loss and every year increases the santa good hearted fellows list of stuff to give you of course at a loss.
Already in the stock price. The only thing that isn't is weaker then expected sales-no general market rally uncertainty over terror. Yep why worry Bye Bye Bye. Oh sorry misspelled it !!!!!
they need to play catch up and the big winner won't let them do it. Desperation setting in. Searching in vain for the next holy grail. When the realize the gigs up - watch out below were coming for a visit.
Once the Santa rally never shows up the funds who are already lagging will be in panic mode. Sell into strength sell into weakness sell to anyone foolish enough to takes this junk off your hands. All the time CNBC will drag out the normal fools they pass off as experts. Example--Dennis Gartman was on saying buy stocks. Now as bad a Cramer might be I would at least consider what he as to say. Gartman is on about twice a week and I swear he has changed his calls every time he is on. As of today he likes stocks but tomorrow we might get another treat and get his call on why stock are tanking. Market pumpers are in full #$%$.