Seeking Alpha
  • David White
    New AAPL 7" tablet at $329 is competition for AMZN's Kindle Fire (& Fire HD). This likely puts extra pressure on AMZN's margins.
    10/23/12
    Reply (5)
    • FortSumter: What margins? Can negative be a margin?
      10/24/12
    • Joel M: Ha! I'm staying away this quarter outside of a small strangle. AMZN will spin their way out. A lackluster Q4 is where this will breakdown.
      10/24/12
    • David White: It's already down more than 10% from its highs within the last month.
      10/24/12
    • Joel M: 10% is nothing when the options are expensive as they are - better risk/reward trades out there. Shorting LNKD ahead of earnings is my fav.
      10/24/12
    • David White: You can use spreads to reduce the costs, although they are a little trickier. This also keeps you from losing a lot of money on time value.
      10/24/12