Seeking Alpha

kozakkk667 » Comments » Single Comment |

  • 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 ...
    Sep 22 13:44 pm |Rating: 0 0
All Comments by kozakkk667 »
Comments by Ticker
kozakkk667's
Comments Stats
5 comments
Rating: 0 (0 - 0 )