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Started By
Message
AMZN tanking after earnings
Posted on 10/27/22 at 3:08 pm
Posted on 10/27/22 at 3:08 pm
down over 20% for the day.
Scoop em’ up. They low balled guidance. I think bezos sending a message to the administration. He tweeted this the other day.
LINK
AAPL up next…
We don’t melting up?
Scoop em’ up. They low balled guidance. I think bezos sending a message to the administration. He tweeted this the other day.
LINK
AAPL up next…
We don’t melting up?
4
Posted on 10/27/22 at 3:11 pm to TigerDeBaiter
Hope it stays down.
Bought NOV 4 $100p this morning then took profit and traded for NOV 4 95p. Bought at 0.81 and now showing 4.30 and climbing.
Bought NOV 4 $100p this morning then took profit and traded for NOV 4 95p. Bought at 0.81 and now showing 4.30 and climbing.
This post was edited on 10/27/22 at 3:12 pm
Posted on 10/27/22 at 3:22 pm to TigerDeBaiter
I bought in at $110 thinking everyone knew it was a miss and it was baked in. I am screwed.
Posted on 10/27/22 at 3:37 pm to DiamondDog
Everything tanking.
This is why people hate melt ups.
This is why people hate melt ups.
Posted on 10/27/22 at 3:40 pm to TigerDeBaiter
Oh I thought I was smart today. Look at this winning lineup
AMZN @ $110
GOOGL @ $92
AMD @ $59
Just gonna log out for a while. Maybe next year I'll turn a profit.
AMZN @ $110
GOOGL @ $92
AMD @ $59
Just gonna log out for a while. Maybe next year I'll turn a profit.
Posted on 10/27/22 at 3:43 pm to TigerDeBaiter
Sold half of my Amzn split shares about 2 months ago but may buy them back at half price tommorrow.
This post was edited on 10/27/22 at 3:44 pm
Posted on 10/27/22 at 3:46 pm to DiamondDog
quote:
AMZN @ $110
GOOGL @ $92
AMD @ $59
The only problematic one right now is AMZN. As for AMD and GOOGL, have you considered selling covered calls? From where you entered and where they are currently, at least on those two, you appear to be in pretty decent shape.
Posted on 10/27/22 at 4:52 pm to TigerDeBaiter
Growth slowing to a halt, pretty crap customer service, and slow shipping.
Of course they are guiding down, competition is killing them in retail.
AWS is basically the business, the rest is a dumpster fire.
Of course they are guiding down, competition is killing them in retail.
AWS is basically the business, the rest is a dumpster fire.
Posted on 10/27/22 at 5:48 pm to UltimaParadox
Looks like the 'buy the dip' folks are out in full force.
Still no capitulation in the markets. Still fighting the Fed.
Still no capitulation in the markets. Still fighting the Fed.
Posted on 10/27/22 at 6:25 pm to DiamondDog
quote:
baked in
Every pumper on the board loves to say "baked in"
Posted on 10/27/22 at 7:15 pm to UltimaParadox
You're not wrong. AMZN built capacity and entered contracts with UPS/USPS as if volume would do nothing but increase 20% YoY. Now that the economy is horse shite and disposable income gone, those sunshine and rainbow assumptions are biting them in the arse.
Slow shipping is very heavily influenced by the fact they have to keep 3rd party carriers fed or risk multi billion dollar impacts. Compound that with supply chain issues effecting where in the country your shite is when you order it and of course things are bad. They won't unwind for a while
Slow shipping is very heavily influenced by the fact they have to keep 3rd party carriers fed or risk multi billion dollar impacts. Compound that with supply chain issues effecting where in the country your shite is when you order it and of course things are bad. They won't unwind for a while
Posted on 10/27/22 at 7:18 pm to UltimaParadox
quote:
Growth slowing to a halt, pretty crap customer service, and slow shipping.
Of course they are guiding down, competition is killing them in retail.
AWS is basically the business, the rest is a dumpster fire.
what about amazon prime video? they probably have the best catalog of on demand video on earth
Posted on 10/27/22 at 7:21 pm to Strannix
quote:
Every pumper on the board loves to say "baked in"
I don't know enough to pump anything.
I just thought it was common knowledge Q3 was going to be tough across the board for tech and retail. That it was taken into account because the stock saw declines over the past 90 + dropped today.
Longterm I'll be okay at $110 but always nags me I could have waited.
This post was edited on 10/27/22 at 7:22 pm
Posted on 10/27/22 at 7:27 pm to whiskey over ice
Hard to quantify the value of video when the motivation for prime is intertwined with the core business - is the video a perk because you wanted free shipping or do you get free shipping because you're some weirdo that likes their shitty wheel of time adaptation.
Internally Prime Video finance is a shite show and couldn't tell you themselves
Internally Prime Video finance is a shite show and couldn't tell you themselves
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