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Amazon.com: Why Now Might Be the Time to Short

Thanks for the feedback--I should probably not try writing the bulk of a post like this at 3am again :).

I agree to that they have a great retail business and are doing some interesting things. This is one of those instances where I generally like the company, but think the stock is both a poor investment and has some near term catalysts that could drive the share price lower. I considered puts, but I don't feel comfortable trying to time this, and they are a bit expensive after the recent volatility. Also, I generally believe the upside at these levels is limited (I don't see this running much further, given that even many higher growth, lower market-cap runners like CROX, etc. are not trading for the same forward valuations that AMZN currently does.