Bought 10 1022.50 PUTS yesterday for 2.17, and sold 10.20 today minutes after market open. Not bad for $12k profit overnight :) But yes, this was gambling...
It will be the same scenario as NFLX: miss on profit, and increase in revenues will send AMZN soaring 15% over two days.
FTC investigation just announced...
was just reading analysis of Amazon incoming quarter. it has positive EPS and strong revenues. The author predicts that Amazon will beat earning in all fronts and the company will post a record number of revenues. Based on that the stock will reach 1100 after earnings. I'm thinking to buy it on the date of earning but I will not buy google on Monday because I feel they will miss
Don't be naive that FTC, FDA, SEC and IRS are on your side. These departments have been so corrupted for decades that they only help those who spend the biggest money lobbying the Congress and the directors. They will help you if you put them on your big pay roll. It is like paying mafia for protection and getting things done. It is very sad, but totally true about how things work in this country nowadays. I love Amazon and I think it is a great company even I don't own any share. Amazon is way much better than the like of company of Apple that don't pay taxes to the US. and get most of their profit and cash from U.S. consumers.
No one can buy or sell unless they have the mark of the Bezos on their right hand or forehead. Disclaimer: this is nothing more than a paltry attempt at humor, so please don't think I'm some super-religious person trying to start a conspiracy. Happy Friday!
Microsoft earnings & EBAY earnings seems big warning on Amazon earning. 1.> Microsoft has great Asure number but reason likely include Walmart and other retailer's push on their supplier not to use Amazon AWS that likely help. But major news is Gross margin is going down. This mean Amazon who still lead in pricing will have even lower margin. 2.>Ebay $ Sale value show trouble as well. Look like Online excitement is not as great as analyst expected. EBAY push more lately including advertising on TV and so this also really bad for Amazon.
I think Amazon will have hard time keeping excitement based on those result.
Going GREEN!!! The world will not allow and cannot afford AMZN stock to decline. $2000 soon!
when is amzn gonna buy the postal service
"While we do not oppose the merger at this time, we are concerned about what this merger could mean for African-American communities across the country already suffering from a lack of affordable healthy food choices from grocers," the letter said on Thursday.
Socialist demos concerned about black people getting healthy food, yet want to promote 15/hr wages at fast food. LOL
AMZN options expiration today- 7/21/2017
At least we are staying above $ 1020. Holding up nicely - at that moment.
Here is reason Amazon is good short at current price. 1.> Their all primary businesses are under pressure.
Walmart start free 2 day shipping that likely hurt Amazon, Also all bring Black friday in July to go against Prime day & likely force bigger discount from Amazon. Every retailer now fighting and that's not good for Amazon for their main business. It's like Business is now so big and yet limited profit due to low margin that it now hurting Amazon badly. 2.> Their Hardware business under pressure as well. Recent 50% discount on Echo & 30% discount on dot show that they are under lot of pressure. 3.> Their Cloud business is under significant price pressure but Retailer like Walmart forcing many supplier not to use it.
Only things in their favor are Blind Trust from Investors & their very bad & unethical practice to use Capital Lease to inflate their Operation Cash Flow & Highlighting that as real achievement.
Gonna be another new high today. 🍻
Just bought top end LG highest rated 55 in TV (per Consumer Reports) on Amazon, saved $1000 ... 2 day delivery. And I shopped around big time. You guys are fools. AMZN is going to own the world. When will you believe, $1100, $1200, $1500, $2000? Govmint ain't doin' squat cuz consumers are winning. TS for Macy's, TGT, SEARS, etc. Dinosaurs.
AMZN aftermarket is dropping,1024? why?
News of upcoming split?
Did anyone notice that AMZN was very volatile in the after market and down as much as $15 at one point. Nice to see it recovered and down only $3.70.
Please run the price down on a bogus "watchdog" report. I need more for the portfolio under 1k.
re: environment and Amazon being wasteful of energy and hard on the environment. Toothpaste, etc is not made at the local big box store or supermarket. It is manufactured and delivered to the store by truck. Bottom line: which is more wasteful? FedX/UPS delivering exactly what I need to my door while they are already in my neighborhood or me getting in my car and driving to multiple locations looking for what I need. PEOPLE: Think it all the way through when someone spouts garbage!