The news is already out. Amazon is now offering one hour delivery for an extra 8 dollars. Sure it will cost Amazon more than that but the stockholders will pay for it. Amazon is kind of like the government and their stockholders are kind of like the taxpayers.
Congratulations!! NBR should do very well for us as oil starts it's' climb back to $100 a barrel. I'm making an offer of 90 cents for the $20 options. It is a bit low but hopefully it will trigger. You are wise to take your profit this year because the rates will be higher next year. Thanks for the tip.
Far from being a "worst performing stock" the institutions that own 80% of AMZN stock probably earn their best profit of any company by selling the weekly options on AMZN.
The book value is $22.32 per share but I believe it would be bought by WMT for twice that much due to the customer base that it has.
How soon we forget that AMZN opened at $408 on January 22nd. It has fallen over $100 this year. However I doubt that much of this current decline is due to sell off for tax purposes. Anyone who bought in at that level must have sold long ago.
I don't know if it will but the $200 leap puts are selling for about eight dollars and there are nearly 1,800 contracts open. It looks like pretty cheap insurance for any long term investors in AMZN. The two year leaps are going for fifteen dollars and would be an even better insurance investment. There are only 121 of those contracts open. It sort of look like we would be in the minority if we thought $200 was likely in 2015 but I would be willing to bet those puts will more than double in price sometime in 2015.
It could jump to .0002 if enough people don't do there research before they buy. They are totally bankrupt and haven't had a sale in over a year.
And both of those have plenty of stores where you can pick up your order with no shipping charge; sometimes the same day. However neither of those stores sells fire phones.
Amazon planes can't even get FAA approval to fly and just because they don't have a pilot. How can the FAA be so narrow minded?
It isn't even 2 PM yet and AMZN has been moving up for 20 minutes already. Volume does not seem to be panic level but is higher than average. We are not "out of the woods" yet.
One of these days it will happen. I just hope that it doesn't happen all in one day although for me that would make me a millionaire with all the puts I own. Not many people are aware that you can buy the right to sell AMZN for $300 any time before 1/20/2017 for $50 a share. If AMZN is selling for $30 a share, like it should be, those $300 puts would be worth $270 each (a 540% profit). Well I can dream can't I? I sure I will make a nice profit on them in the next two years.
I bought back the calls that I was short for less than half what I sold them for. Made $3,100.
This will be bad until Bezos points out that sales in the UK are 20 times the volume of last Christmas and people will forget about the penny thing. Bezos is a geniass
It is beginning to look like you are right. AMZN made two higher highs and lows but failed on the third try. The resumption of the downtrend will not be confirmed until three lower lows and lower highs and that may take all day.
A rollercoaster that only goes up and to the right would not get much business. It is those sudden drops that people pay for and, when they pay, I collect.