AMZN Earnings Play

Sold my AMZN calls at $13.30 it was just up too much for my comfort.

Good luck to those who are holding. I hope it gaps up and I was probaly wrong to sell, but past my comfort level.

 

Ok. My first prediction was correct. It hit 100 before regular market hours. Now for the upside.

 

Hey --- it's never bad to take profits and preserve capital!!!!

 

absolute waterfall... 10% to 3% in 1 minute...

 

10/23/2007 04:59:43 Sold Short 1000 AMZN @ 100.49

$100,490

 

10/23/2007 3:59 PM $6,049.41 Sold 60 AMZN@ $100.8235 Details
10/23/2007 3:59 PM $4,032.94 Sold 40 AMZN@ $100.8235 Details
10/23/2007 1:39 PM $-5,832.00 Bought 60 AMZN@ $97.20 Details
10/23/2007 1:03 PM $-3,792.00 Bought 40 AMZN@ $94.80 Details

I took a $450 profit... the thing was going up so much it was scaring me...

 

some crazy hedge fund bet on taking AMZN all the way up to 100 ... now they are unloading

 

Cramer was one of them.

 

AMZN trading lower now, this market is too F$%king crazy now. AMZN up over 100+....reminds me of 1999 all over again. BIDU over 325....

 

bot Dec $95 puts with 25 seconds to spare!!