Bottom fishing...Amazon

Discussion in 'Stocks' started by Cabin111, Nov 1, 2022.

  1. Cabin111

    Cabin111

    We'll have to wait another quarter I think...He already owns some Amazon. We'll see if he adds next quarter. From Investors Business Daily...

    A smaller but notable holding is Amazon (AMZN). Berkshire maintained positions in each of these holdings last quarter.
     
    #51     Nov 15, 2022
  2. SunTrader

    SunTrader

    He can also do the opposite.

    I hope you don't think I'm being negative bringing up that AMZN, or any other stock, can continue to drop? After all we are still in a bear market and the trend is the trend till ... it bends.
     
    #52     Nov 15, 2022
  3. Cabin111

    Cabin111

    Amazon looks to sell debt...Some will go for buyback, Yahoo! Finance says.
     
    #53     Nov 30, 2022
  4. Cabin111

    Cabin111

    #54     Dec 10, 2022
  5. Cabin111

    Cabin111

    Six weeks later on my last post here.

    I seems that Amazon is closing many fulfillment centers. They are repositioning to better locations. They may be adjusting their AWS (cloud) locations...Ohio.

    It seems they have visions for years ahead...Get rid of tech jobs in California and open a new tech center next to Columbus Ohio!! Cheaper living and labor...Cheaper everything.

    My Jan 23 $100. option on Amazon expired worthless.

    Today I did another covered call for the July 23 $115. I got $5.00 for it. I had put in my price yesterday...I'm a late sleeper (CA). I could have got more, but wasn't sure I would get the fill...

    Boring value...
     
    #55     Jan 27, 2023
  6. %%
    I like the old IBKR\ ad they had a price [pre split 20to 1]OF AMZN on a mobile device, with the visible disclosure that was not a buy recommendation LOL.
    Looks like JAN, some buyers finally bought some , so far below 200dma.
    The good news on AMZN, no longer have to pay >$300,000 for 100:caution::caution:
    Amazing how they helped book market, but i dont want to keep building new book shelves.
     
    #56     Jan 27, 2023
    KCalhoun likes this.
  7. Cabin111

    Cabin111

    Bed Bath & Beyond heading into bankruptcy...They had a high of over $30. this year!!

    I wonder who killed them...
     
    #57     Jan 27, 2023
  8. %%
    MR Buffet warned, in public, a few year he was not likely to do as well as he had, looks like he was telling the truth.
    AMZN is in SPY\ and QQQ\
    QQQ had got beaten down so much.[Not sarcasm]
    The good news[ sarcasm] on AMZN is dont have to spend >$300,000 for 100 shares. Nothing like a good 20 to 1 stock split:caution::caution:
     
    #58     Jan 27, 2023
  9. easymon1

    easymon1

  10. Cabin111

    Cabin111

    Can we call it a tie for the first part??

    We will wait and see if Amazon is doing a major buyback of shares...

    He did not sell or add...Just stayed the same.

    Berkshire Hathaway Inc ownership in AMZN / Amazon.com, Inc.
    On February 14, 2023 - Berkshire Hathaway Inc filed a 13F-HR form disclosing ownership of 10,666,000 shares of Amazon.com, Inc. (US:AMZN) valued at $895,944,000 USD as of December 31, 2022. The entity filed a previous 13F-HR on November 14, 2022 disclosing 10,666,000 shares of Amazon.com, Inc.. This represents a change in shares of 0.00% during the quarter. The current value of the position is $1,061,693,640 USD.
     
    Last edited: Feb 14, 2023
    #60     Feb 14, 2023
    murray t turtle likes this.