Here are some predictions about Amazon. As for me, I will be thinking about getting in at 200, and definitely get in heavily if the stock hits 180-185. The article claims amazon will be at 250 by new year and 300 by mid 2012. I partially agree with this prediction. I am also considering GOOG at its current price point, and especially if it goes down a little bit more. What do you all think? Long AMZN and GOOG. Short SINA and BIDU (if it drops 10% more) I'm still very new to this. http://www.ibtimes.com/articles/223...on-com-amzn-tablet-ipad-apple-readers-199.htm
really wished i listened to my gut and jumped on SINA and BIDU at 10 am this morning. Would of made an easy 6.5 percent =P. Oh well.. Perhaps it will go back down before the close..