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Started By
Message
Should I be buying AMZN right now?
Posted on 9/18/20 at 6:11 am
Posted on 9/18/20 at 6:11 am
They were over $3,550 at the beginning of the month and dropped below $3,000 yesterday. Heading into Q4 with COVID still out there and online shopping likely at an all time high this Holliday season shouldn’t they be expected to report huge earnings? Why are they down 15% from the beginning of the month anyway?
8
Posted on 9/18/20 at 6:18 am to Who_Dat_Tiger
I wish they would do a split just so i could get some shares 
Posted on 9/18/20 at 6:21 am to FLObserver
quote:what brokerage do you use? A lot offer fractional shares now.
wish they would do a split just so i could get some shares
Posted on 9/18/20 at 6:34 am to Who_Dat_Tiger
Yes, I am buying some today
Posted on 9/18/20 at 6:34 am to Who_Dat_Tiger
If you see a permanent pivot in consumer buying behavior due to COVID, you have a good reason to be optimistic about AMZNs future.
Posted on 9/18/20 at 7:12 am to Who_Dat_Tiger
$3,500? I buy stocks are way lower. Preferably less than $5
Posted on 9/18/20 at 7:50 am to jimbeam
$5 dollars in AMZN or $5 dollars in some other crap stock. No brainer. All aobut that rate of return man
Posted on 9/18/20 at 8:07 am to jimbeam
quote:
$3,500? I buy stocks are way lower. Preferably less than $5
Solid logic there...
Posted on 9/18/20 at 8:08 am to ODP
quote:
Solid logic there...
he was being sarcastic fwiw 
Posted on 9/18/20 at 8:36 am to Who_Dat_Tiger
quote:
Why are they down 15%
Because everyone and their bartender knows this:
quote:
online shopping likely at an all time high this Holliday season
Posted on 10/12/20 at 12:55 pm to Who_Dat_Tiger
I bought a lot of shares last month when Amazon dropped below $3000. I planned to sell when it got to $3500 and it seems that it’ll reach that with Prime day tomorrow and Wednesday.
It’s up over 5% today but now I’m wondering if I should hold beyond prime day. How does prime day typically affect the stock? I’m wondering if it’ll dip again now that it’s run up so much although I imagine prime day usually would have a positive impact on the share price.
It’s up over 5% today but now I’m wondering if I should hold beyond prime day. How does prime day typically affect the stock? I’m wondering if it’ll dip again now that it’s run up so much although I imagine prime day usually would have a positive impact on the share price.
Posted on 10/12/20 at 1:02 pm to Who_Dat_Tiger
you should just hold it till January.
Posted on 10/12/20 at 1:07 pm to L S Usetheforce
Normally I would with Christmas shopping coming up. With the election I don’t know what to expect with stocks though short term tbh
Posted on 10/12/20 at 1:30 pm to Who_Dat_Tiger
Yes has been a correct answer anytime over the last decade.
Posted on 10/12/20 at 4:59 pm to Who_Dat_Tiger
Yes and you should never sell it until you absolutely need to. The growth will not stop anytime soon
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