Im shorting AMZN before the earnings and I dont care what the ET experts have to say

It looks like the after hours low was $74.75.

 

MSFT frying some more shorts this morning on "excellent" earnings... The dot-com days didn't teach you anything about stocks?.. CROX, TASER... etc. "Markets can stay irrational much longer than you can stay solvent"...

 

LOL

 

AMZN worth no more than $20 bucks.

 

If is it worth no more than $20 why is it currently trading at 86%... particularly in a recession and when the cash flow overall (2008, 2009) is being taken out of the stock market?

If it is trading at $86 the market believes it is worth $86 bucks.

 

Yea i'm going to hold on to those july call spreads because I think this is a short squeeze and the price could go back below 80. Yea I walked in down a couple grand on this trade lol, tricky stock.

 

It's not tricky, it does the same thing over and over; just in different ratios.

 

this stock does it with 45:55 ratio of haste with ease, and maybe a drop of tropicana orange juice

 

I've heard smarter people than I say that the market is always right.

 

Between $86.5 and $88 is where I would short it. Did it reach $86 area or not yet?