About 3 months ago AMZN was around $30 and after their earnings it jumped to $45 and it has been steadily up since then to $87. Nothing justified its high P/E for me and I have a small short position that I am losing money on it. One of my friends who works in a big brokerage house and was invited to APPL meeting on Sept 5, told me that many big investors and hedge funds are having a close eye on AMZN to short. he said that it will happen soon. I feel a big drop on AMZN stock is long overdue. I got a good tip on AAPL from my friend and shorted at 144 and now I am making a good money. I hope he is also right on AMZN. He was also talking about a short squeeze on CC. Any thoughts?