wobatus

Amazon Is Overhyped and Overpriced

I love the fact I got 2 negative recs for saying it is a great company, I think it is too pricey at these levels, but also dangerous to short. People must have thought I was too wishy-washy. Oh well, down a few percent since I posted that. Keep up the good work, Lonely.


On Dec 08 11:18 AM wobatus wrote:

> Agreed, Lonely. Armistead is right too. It may be overvalued but
> that doesn't mean short at will. And if folks don't like EBAY, not
> much not to like about COSTCO. Amazon is a great company, but I'd
> avoid the stock at these levels.

Amazon Is Overhyped and Overpriced

Agreed, Lonely. Armistead is right too. It may be overvalued but that doesn't mean short at will. And if folks don't like EBAY, not much not to like about COSTCO. Amazon is a great company, but I'd avoid the stock at these levels.

Why This Rally Is Unsustainable

Hey, now we are almost back to where it was when it ws unsustainable. Almost. Not quite.

There's always tomorrow....


On May 08 05:31 PM wobatus wrote:

> Even MORE unsustainable. :)
>
> Good call on TBT. Thought about it myself. Woulda coulda shoulda.
> bad call short financials. I am long some financials that I put on
> in the winter and plan to keep (GS, GFIG, GE), but did add some faz
> this week as a hedge. Gettin' killed, but added some more at $4.55.
>
>
> But that's kinda a lark.
>
> GOOOOOD luck with all the hocus pocus. Thems a lotta words.

Why This Rally Is Unsustainable

Even MORE unsustainable. :)

Good call on TBT. Thought about it myself. Woulda coulda shoulda. bad call short financials. I am long some financials that I put on in the winter and plan to keep (GS, GFIG, GE), but did add some faz this week as a hedge. Gettin' killed, but added some more at $4.55.

But that's kinda a lark.

GOOOOOD luck with all the hocus pocus. Thems a lotta words.


On May 06 04:56 PM wobatus wrote:

> Wow, -5 for staid stuff like this? Wow. You market timing geniuses
> are easily offeneed. How's the unsustainability goin'? Oh, I'm kidding.
> I'm SURE you'll have your day. Is it your jobs to make Cetim look
> good in the interim?
>
> All the best everyone.

Why This Rally Is Unsustainable

Wow, -5 for staid stuff like this? Wow. You market timing geniuses are easily offeneed. How's the unsustainability goin'? Oh, I'm kidding. I'm SURE you'll have your day. Is it your jobs to make Cetim look good in the interim?

All the best everyone.


On May 04 10:09 AM wobatus wrote:

> Highly leveraged heavily shorted garbage almost always leads a rally.
> Note how staid old PG, KO and MCD have just sat there or worse during
> this. Not that they may be spared in a sell-off, but pointing this
> stuff out is pointing out the obvious and doesn't make the market
> as a whole overbought (except on a near term basis, since 9 week
> winning streaks ain't exactly par for the course). I don not expecta
> sel-off eblow the march lows absent some exogenous event.
>
> What i get the sense of was November ws the real financial panic.
> The chances of utter meltdown have abated. But then the real economy
> effects of the Sept-Nov. meltdown became manifest, leading to a retest
> and break of the fall bottom in March. Now the ecomomy seems like
> it won't collapse either, and even absent stellar growth, it was
> oversold. We are just getting back to the "normal" recession prices
> from the uh-oh, maybe deprerssion prices.
>
> And now you have all the voices of "unsustainable" plunge protection,
> goldman is gaming the market voices. Voices of those who want to
> buy in, but at cheaper prices.
>
> Which is why the rally gets into overbought territory.
>
> And then we'll pull back, the "told ya so" disaster voices will come
> back in...lather rinse repeat.
>
> 'Twas ever thus.
>
> Personally, i am not doing much but holding onto stocks bought at
> what i felt were decent prices, collecting dividends, or watching
> the businesses grow even in this climate.

Why This Rally Is Unsustainable

Highly leveraged heavily shorted garbage almost always leads a rally. Note how staid old PG, KO and MCD have just sat there or worse during this. Not that they may be spared in a sell-off, but pointing this stuff out is pointing out the obvious and doesn't make the market as a whole overbought (except on a near term basis, since 9 week winning streaks ain't exactly par for the course). I don not expecta sel-off eblow the march lows absent some exogenous event.

What i get the sense of was November ws the real financial panic. The chances of utter meltdown have abated. But then the real economy effects of the Sept-Nov. meltdown became manifest, leading to a retest and break of the fall bottom in March. Now the ecomomy seems like it won't collapse either, and even absent stellar growth, it was oversold. We are just getting back to the "normal" recession prices from the uh-oh, maybe deprerssion prices.

And now you have all the voices of "unsustainable" plunge protection, goldman is gaming the market voices. Voices of those who want to buy in, but at cheaper prices.

Which is why the rally gets into overbought territory.

And then we'll pull back, the "told ya so" disaster voices will come back in...lather rinse repeat.

'Twas ever thus.

Personally, i am not doing much but holding onto stocks bought at what i felt were decent prices, collecting dividends, or watching the businesses grow even in this climate.