Comments on: New Trade: Short AMZN https://phantasmix.com/new-trade-short-amzn/ Stock Market and Personal Finance Wed, 22 Oct 2008 17:23:59 +0000 hourly 1 https://wordpress.org/?v=6.8.1 By: ducati998 https://phantasmix.com/new-trade-short-amzn/comment-page-1/#comment-2717 Wed, 22 Oct 2008 17:00:54 +0000 http://www.phantasmix.com/?p=1137#comment-2717 Kat,

Yes, that FSLR was an excellent position, but volatility was brutal.
The same might be said of the AMZN

The volatility is going to be the testing factor [as always]

With regard to your Flip-Flopping, you simply require a subscription to PPT, and your symptoms will resolve.

jog on
duc

]]> By: Phantasmix https://phantasmix.com/new-trade-short-amzn/comment-page-1/#comment-2716 Wed, 22 Oct 2008 16:55:01 +0000 http://www.phantasmix.com/?p=1137#comment-2716 Duc,
I’m a dedicated AMZN user myself. Love them! Just think the stock has to be cheaper.

Prepared for a drawdown, I have a v. small position. Have really no intention to add, but may if it goes up more then … mmm…. 15%.

Same thing with Whole Foods – I shop there as well, but buy their stock? Not so fast.

P.S. I wish I had stuck with my FSLR “conviction short”. Shorted it in $280s and $260s. It’s now at $140, and still too expensive. I’m convinced with AMZN, should stick with it.

P.P.S. Oh I do my share of flip flopping, then slapping myself.

]]> By: ducati998 https://phantasmix.com/new-trade-short-amzn/comment-page-1/#comment-2715 Wed, 22 Oct 2008 16:50:00 +0000 http://www.phantasmix.com/?p=1137#comment-2715 Kat,

I use AMZN all the time when I buy books, I find them excellent.

As to their stock, I’ll have a squizzy at their statements for “earnings”
Should the market rally, watch out on this one.

jog on
duc

There can be only one! [flip-flopper]

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