- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Pulled the trigger on AMZN
Posted on 1/7/23 at 1:32 am to Turf Taint
Posted on 1/7/23 at 1:32 am to Turf Taint
quote:
What drove your decision?
Buddies and I were sitting around and discussing where AMZN is now in relation to the past which was mid 2019. At that time AMZN was a lot more product, with more liability, and now it has a lot more of streaming, cloud, etc .... lots of more things with much better margins than at that time.
I'm not one to usually follow the masses either.
1
Posted on 1/7/23 at 10:02 am to oneg8rh8r
I'm not one to usually follow the masses either.
--
Almost impossible to predict a top or bottom.
I admire your courage and in the long term you'll be rewarded!
--
Almost impossible to predict a top or bottom.
I admire your courage and in the long term you'll be rewarded!
Posted on 1/7/23 at 10:35 am to I Love Bama
quote:
Not my point. The actual numbers are meaningless now
They’ve always been mostly meaningless
Posted on 1/7/23 at 10:43 am to Drizzt
quote:
You have no idea how many people work 3 months, tell a supervisor they are suicidal, then get a check the rest of their life.
Isn't that one of the reasons Amazon started adding so many subcontractors?
Posted on 1/7/23 at 10:04 pm to oneg8rh8r
quote:
in time I don't think I will regret it @ $83.05
Probably not. No idea what your time horizon is, but Jan. 27 93 strike calls are going for about $1 now.
That’s not a suggestion, just a way to reduce your cost basis prior to earnings if you’d planned on holding through that event anyway. And if it blows through the strike, you’d have an $11/share gain… or you could roll up and out.
Posted on 1/10/23 at 1:28 pm to oneg8rh8r
That’s a great idea. Probably the only way I can get back a significant share of my own money.
Posted on 1/10/23 at 1:50 pm to I Love Bama
quote:
Look at how the market reacts when EMPLOYMENT rates are HIGHER than expected. The market goes down.
Ponder how absolutely insane that is!
Not really. Higher than expected employment or wage growth suggests economic strength, which might signal further Fed rate hikes = bad for equities. Weaker than expected data, the opposite.
Posted on 1/14/23 at 2:38 pm to oneg8rh8r
quote:
I don't think I will regret it @ $83.05
I am a bit conflicted. On one hand, I don't think that you will regret being in at $83 in a couple of years because $83 would have been a steal 8ish months ago. On the other, my wife and I have been contemplating canceling our prime membership. It seems like we are paying a $120ish a year for more than two day shipping, while using Amazon less and less.
Over the last year or so, I have changed my investing philosophy from chasing money in the short term to investing in businesses and products that I use and believe in more long term. It hasn't been perfect or super great, but has absolutely helped me dodge some land mines.
Posted on 1/15/23 at 1:06 am to BioBobcat
I am a big user of AMZN, they make multiple deliveries a week to my house.
I invest in things I use regularly, because if I use them, I'm assuming I'm not the only one.
I invest in things I use regularly, because if I use them, I'm assuming I'm not the only one.
Posted on 1/15/23 at 12:31 pm to oneg8rh8r
Out of Amazon, rebuy around 82
Posted on 1/15/23 at 1:16 pm to oneg8rh8r
They make all their money from AWS, not selling you things. I wouldn't invest in amazon based on them shipping you junk from china.
Posted on 1/15/23 at 2:02 pm to oneg8rh8r
Cheap
Posted on 1/15/23 at 2:02 pm to DiamondDog
Wish it was only at that level
Posted on 1/15/23 at 2:50 pm to oneg8rh8r
quote:
may well go down further, but in time I don't think I will regret it @ $83.05
Would be a good time to set a stop loss on your quick gain.
AMZN is caught up in a countertrend rally in consumer discretionary. It's a nice pump so these discretionary stocks can get rekt in coming earnings seasons.
Posted on 1/16/23 at 3:49 pm to oneg8rh8r
quote:I understand your reasoning, but this is a horrible reason to invest.
invest in things I use regularly, because if I use them, I'm assuming I'm not the only one.
Posted on 1/16/23 at 4:53 pm to BioBobcat
.
This post was edited on 4/29/23 at 5:04 pm
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News