Seeking Alpha
  • J. A. Saglimbeni
    AMZN, looking real strong...it wants to rally, can't' you see it?
    5/15/12
    Reply (11)
    • Bret Kenwell: high beta is not where I'd put my money IMHO.
      5/15/12
    • DettoTheSecond: actually high beta is precisely where you want to put your money in right now after a deep, uninterrupted correction. skepticism=it's right
      5/15/12
    • Bret Kenwell: Detto. You're a permabull. haha that's why your money goes to high beta right now. Just saying it's not where I'd put mine is all.
      5/15/12
    • J. A. Saglimbeni: When a stock is trading strong during a bearish market, something good is going on with that company..I am long through calls on AMZN
      5/15/12
    • Bret Kenwell: I have nothing against an amazon. But just wonder why one would put their money to work there, in a company who is in the midst of a recover
      5/15/12
    • Bret Kenwell: while trading with a very high multiple instead of buying a name like $AAPL. who has held its price level of 560 through the entire sell-off
      5/15/12
    • Bret Kenwell: so far this year. but just my opinion is all.
      5/15/12
    • J. A. Saglimbeni: I own AAPL, SBUX, CHD, GWW...but I play AMZN with calls..currently..and there is no doubt in my mind that it wants to fly....
      5/15/12
    • Bret Kenwell: Okay. Well at least you own quality. That's all I can say, for I do not consistently trade AMZN as you do.
      5/15/12
    • J. A. Saglimbeni: Quality is always key, but sometimes a little swing here and there can make a difference...
      5/15/12
    • Bret Kenwell: Yes, there is always a time and a place for risk-on trading.
      5/15/12