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maximumvalues

maximumvalues
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  • Is Amazon's Cash Machine Faltering? [View article]
    lol... they expire 2 weeks Friday ... im holding them until close on Thursday at best. I'm a daytrader and have the chart open all day so I can exit at anytime.

    I trade, I don't gamble. I'm not going to hold them until the day before they expire.. I'll let someone else do that. I've examined past moves by AMZN ahead of options for years.

    Guess you think that my short in DMND after earnings drop was horrible too... lol. DMND drop from $31 to $26 over a 5 day period after getting whacked. It was a $90 stock ... you trade what you see. Suppose you are short CMG?

    Good luck trading!
    Aug 4 09:54 PM | Likes Like |Link to Comment
  • Is Amazon's Cash Machine Faltering? [View article]
    LMAO ... good one. Look at my load up point today on additional AMZN puts.... Sub 300 coming your way soon. All it did was retrace 61.8% of the last 2 day drop and sell off. Light volume day. Look at the move once some volume trade happened end of day.... vavoom... Down over $1 in 20mins...and down more afterhours. Institutions are desperate to get out a decent price but not enough dimwit retail buyers to keep the price up. All we get is light volume float ups since earnings as they are trying everything to get people to overpay for shares.

    If this keeps floating lower it will put all recent buyers underwater and the price will drop on volume so fast ,,, make your jaw drop. Seen this before.

    Good luck Trading..
    Aug 4 09:01 PM | Likes Like |Link to Comment
  • Is Amazon's Cash Machine Faltering? [View article]
    Added to this position at $315.40 ... still looking for sub 300 after this 61.8% retracement failed.
    Aug 4 05:00 PM | Likes Like |Link to Comment
  • Amazon.com's Free Cash Flow Has Not Been Doing Too Well, Either [View article]
    I'm trading them. First buy $324.50 ... out at $307 yesterday and kept 10 ... added 22 contracts in chunks around the $315.40 level. Looking for 2 more down days and sub $300 ... End of trade should be at the close on Thursday.
    Aug 4 04:56 PM | 1 Like Like |Link to Comment
  • Amazon.com's Free Cash Flow Has Not Been Doing Too Well, Either [View article]
    Retrace complete... added a bunch more puts at $315.40 .... a close below $314.97 is bearish as it signals a light volume retrace occurred.

    Good luck trading. I'm now monster short AMZN in PUTS.
    Aug 4 04:30 PM | Likes Like |Link to Comment
  • Why I'm Buying Amazon Despite Poor 2Q Report [View article]
    Gary, If you own 100,000 shares at $100 average... you sell and you don't care where the price goes from your selling pressure as you made your money... and you are done with this failing company. That is my point. This ship is going down. It has become obvious. Look at the weekly chart. The uptrend line cuts through $340 as support. That is long gone now. The weekly was an upsloping wedge which broke into a blow-off top at $400 ... Below $340 is a break of the weekly uptrend. Cooked, Finito, Get short and make your money on the way down. Any bounce into OPEX monthly should be adding if you don't want to short term trade.

    You make your money on the way up.... ring the register, get short ... and make more on the way down. This is the way to cash in.
    Aug 3 05:17 PM | 2 Likes Like |Link to Comment
  • A Bearish Change In The Amazon.com Post-Earnings Trade [View article]
    Gary, APR 24th earnings were a miss. The stock dumped to $285. It took until JUL 11th for the price to regain the APR 24 pre earnings price. This buying was all pump about how AMZN could not miss the lower guidance as the expectation bar was set so low for AMZN earnings JUL24...

    This was a total scam as it is now obvious that someone sold the stock very hard into this rally the day of earnings. Lowered expectations does not mean a company will beat. The talk was just like it was almost a guarantee they would beat the F grade expected... They got a F-.

    What we have seen since the uptrend ended: The misses are resulting in less dramatic bounces. And soon we will probably see no bounce at all. This a change in the character of price action. Never, during the uptrend has AMZN not beat in Five Quarters straight. They are thumbing their noses at Wall Street imo... Very dangerous behaviour.
    Aug 3 11:56 AM | 1 Like Like |Link to Comment
  • A Bearish Change In The Amazon.com Post-Earnings Trade [View article]
    Despite the losses, AMZN has been able to increase the cash on its balance sheet year-over-year from $4.5B to $5.1B

    The company has engaged in a "pile up the debt" attitude. LT Debt has risen 10x in recent years. This is the source of cash on the balance sheet. It is equivalent to the debt they took on.

    See, under my profile, weekly chart of AMZN in instablog.

    I'm short AMZN from $324.50 which is the area of JUN6 up to earnings. My thinking is that all of these buyers into earnings will quickly wish to unload should the price stay below $324.50 for more than a few days. Sure enough, exactly this is happening. The JUN5 breakout candle low is $306.90. This price was breached on Friday but AMZN closed above it. IF $306.90 is tested again early this week it should be expected that we see a sub $300 print this coming week.

    My target is $282 this coming week.

    Good luck trading.
    Aug 3 11:50 AM | 2 Likes Like |Link to Comment
  • Update: Amazon.com Earnings Estimates Revisions [View article]
    Exactly ... he is a genius. He made himself a billionaire running a company in a predatory fashion and pumping the stock to nosebleed levels. He has cashed out some of his shares and bought the Washington Post?

    02/19/14 Jeffrey P. Bezos Sold 486,134 349.78 170.04 Mil

    He has gifted himself so many shares that he is now worth:
    Bezos (Jeffrey P)
    84.0M SHARES
    $24,994,358,522

    If the shares fall in half... he still has $12,000,000,000!

    So long as he does not end up in Jail ... he will have a helluva good time compared to most of us with this moola. Genius!

    I'm short.
    Aug 3 11:38 AM | 1 Like Like |Link to Comment
  • Why I'm Buying Amazon Despite Poor 2Q Report [View article]
    Institutions are net sellers... this is why the price is falling. Not enough small time retail investors like the author to absorb the large blocks of shares the institutions are unloading. Most of them probably have an average buy price of $100 ... So they don't care if unloading shares for the next months sends the price to $200 as they made their money in the uptrend ... Some people don't know the difference between a pull back and a change of trend. AMZN has suffered a change in trend. Check out my weekly chart under my profile.. Instablog.
    Aug 3 11:29 AM | 3 Likes Like |Link to Comment
  • Why I'm Buying Amazon Despite Poor 2Q Report [View article]
    "My opinion of Amazon has not changed from one poor quarter" ... UMMM ... AMZN has not beat in FIVE QUARTERS STRAIGHT!

    What price are you buying at? $240? I have a WEEKLY chart that shows a clear change in trend for AMZN... it is on my instablog. The uptrend is over and buying any dips should be a short term trade only... like 10minutes or so lol...

    Good luck trading!

    I'm short AMZN ... trading the PUTS
    Aug 3 11:23 AM | 3 Likes Like |Link to Comment
  • How To Play Amazon's Shareholder-Customer Tradeoff Business Model [View article]
    MY short term target is $282 .. hope to see that Thursday of this week. See what we get. This is my exit point unless it just rips past it. I have a chart posted in a instablog under my profile. FUN and AMZN are my two most likely stocks to move a ton lower quickly.
    Aug 2 11:27 PM | Likes Like |Link to Comment
  • How To Play Amazon's Shareholder-Customer Tradeoff Business Model [View article]
    I have a posted a weekly chart of AMZN in my profile under instablog. This is the only thing that helps to determine the price will go lower. The balance sheet helps to provide a hint that company could collapse under its own failure to manage growth correctly. So that, and the chart, get short. I'll just wait for the WEEKLY chart to get so oversold that the risk/reward of being short is over... but still won't go long as this is no guarantee that the stock will again rise. The uptrend, from the weekly chart, is clearly over.
    Aug 2 11:24 PM | Likes Like |Link to Comment
  • Short Sellers And Seeking Alpha [View article]
    Exactly. Watch how fast stocks decline that have no short interest as no one is forced to buy... also , look at the heavily shorted Z and how much better those long the stock have profited as the price is pushed higher and shorts are forced to cover. IT goes both ways. It is about liquidity and profiting from strong understanding and hard research no matter which way you think the price will move.
    Aug 2 11:15 PM | Likes Like |Link to Comment
  • Is The SKEW Index Predicting A Stock Market Rebound? [View instapost]
    AGREE ... sideways to lower into THURSDAY .. up into options expiry monthly.
    Aug 2 05:06 PM | Likes Like |Link to Comment
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