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re: Amazon just crushed earnings

Posted on 4/28/16 at 6:47 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 4/28/16 at 6:47 pm to
The funny thing is: FANG (diamondback energy) is not only the only oil stock doing well, it's tripled in value in the last 3 years.

I have to wonder if the acronym is giving good vibes to the ticker.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 4/28/16 at 7:26 pm to
I don't know, but I probably need to add GOOG at some point as a long term hold. I just can't make myself buy Amazon becuase I'm old fashioned, and I believe a company has to eventually make money. It's been a while since I looked, but I think their debt concerned me as well. Facebook and Netflix I'd consider prone to new technology risk.. e.g. Radio Shack and Polaroid.

But I need to look. But I'm guessing Google, or whatever they're called now, is probably what I'd settle on as a buy (after some sort of correction), hold and forget.

Or as much as a guy like me can forget, which is to say, it would be streaming at least Level 2 almost every day, all day long.

But I don't directly own any of these. I might have traded them at some point. But whatever run up there was, I was left outside looking in.
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