Amazon: Sacrificing Margin for Sales [View article]
To repeat what I posted on the yahoo board on 19-sep08 in light of a reuters news item: "Hedge funds seen switching short exposure to retail" biz.yahoo.com/rb/08091...
"My thinking: as we get closer to the 22-oct earnings announcement, with all the consumer headwinds and now opportunistic hedgies looking for fresh targets, companies like AMZN will end up in their cross-hairs as there are hardly any others in the retail space with as lofty valuation and expectation."
However, insiders & insitutions together hold 99% of the float (24% + 76%). So only with the same intitutional holders co-operating (with the exception perhaps of Bill Miller!) with the shorting hedgies (instead of fighting them), we have a good shot at a swoosh down ...
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Sep 22 13:44 pm
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All Comments by kozakkk667 »Amazon: Sacrificing Margin for Sales [View article]
To repeat what I posted on the yahoo board on 19-sep08 in light of a reuters news item:
"Hedge funds seen switching short exposure to retail"
biz.yahoo.com/rb/08091...
"My thinking: as we get closer to the 22-oct earnings announcement, with all the consumer headwinds and now opportunistic hedgies looking for fresh targets, companies like AMZN will end up in their cross-hairs as there are hardly any others in the retail space with as lofty valuation and expectation."
However, insiders & insitutions together hold 99% of the float (24% + 76%). So only with the same intitutional holders co-operating (with the exception perhaps of Bill Miller!) with the shorting hedgies (instead of fighting them), we have a good shot at a swoosh down ...