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Started By
Message
Will AMZN go to $2000?
Posted on 2/2/18 at 8:37 am
Posted on 2/2/18 at 8:37 am
I didn’t buy at $100 a share. I didn’t buy at $250 a share. I didn’t buy at $500 a share. $1000 a share I finally learned my lesson. Glad I did.
I don’t see it stopping anytime soon. They might take over the world.
I don’t see it stopping anytime soon. They might take over the world.
11
Posted on 2/2/18 at 8:38 am to mule74
I hope so.
Posted on 2/2/18 at 8:39 am to mule74
quote:does a bear shite in the woods?
Will AMZN go to $2000
Only question is how long will it take them to get there.
Posted on 2/2/18 at 9:06 am to castorinho
Nah. Split prior to.
Posted on 2/2/18 at 7:12 pm to mule74
I bought like 8 months ago at 900 and thought that was crazy. 
Posted on 2/2/18 at 7:33 pm to kywildcatfanone
In at $898.
Posted on 2/2/18 at 8:03 pm to mule74
Yes, of course it will. Only reason it wouldn’t is if it splits.
Posted on 2/2/18 at 9:32 pm to mule74
I kept watching it. And watching it.... Finally got in at 1210 and felt like an idiot. It's only stock that was positive for me today. Now I am kicking myself for not buying more.
Posted on 2/2/18 at 10:24 pm to mule74
quote:
Will AMZN go to $2000?
It's a race to see who will get there first...
Bitcoin or AMZN
Posted on 2/3/18 at 7:01 am to fatboydave
I feel like I should just dump $35k into Amazon stock and it would literally be as safe as a money market account and earn a whole lot more. Am I wrong?
Posted on 2/3/18 at 9:26 am to S1C EM
delete
This post was edited on 2/3/18 at 9:27 am
Posted on 2/3/18 at 10:17 am to S1C EM
quote:depends on what percentage of your portfolio that would be. It's definitely great to own, but nothing is a sure bet.
I feel like I should just dump $35k into Amazon stock and it would literally be as safe as a money market account and earn a whole lot more. Am I wrong?
Posted on 2/3/18 at 10:47 am to S1C EM
quote:
I feel like I should just dump $35k into Amazon stock and it would literally be as safe as a money market account and earn a whole lot more. Am I wrong?
Yes, at least in your saying that AMZN is as safe as a money market account. We could find out tomorrow that Amazon Corporate keeps a child sex slave dungeon under its board room. shite happens. Chasing returns at the expense of diversification is a dangerous game to play.
Posted on 2/3/18 at 11:05 am to Joshjrn
quote:
We could find out tomorrow that Amazon Corporate keeps a child sex slave dungeon under its board room. shite happens. Chasing returns at the expense of diversification is a dangerous game to play.
Oh geeez. But yes, point taken.
Enron...........damn.....
Posted on 2/3/18 at 11:07 am to castorinho
quote:
It's definitely great to own, but nothing is a sure bet.
How would you feel about buying it now? I know of people who could have gotten it at sub-$1,000, but didn't and kick themselves for it. I know others who DID buy at that point thinking it was a stretch and now they're not complaining, of course. It's really intriguing if they do, in fact, split this year.
Posted on 2/3/18 at 11:47 am to S1C EM
quote:
Oh geeez. But yes, point taken.
I figured going to extremes would be more fun than giving more realistic examples
Someone could #metoo Jeff Bezos tomorrow, which creates just enough instability to allow some well placed potential competitor just enough room to maneuver in and steal market share. Is it likely to happen? No, not really. But at the end of the day, it's not like Amazon has anything approaching de jure market rigidity. They have name recognition and a metric frickton of logistics infrastructure. Amazon could take over the world, or it could not exist in twenty years. Again, shite happens
Posted on 2/3/18 at 12:38 pm to S1C EM
quote:
How would you feel about buying it now? I know of people who could have gotten it at sub-$1,000, but didn't and kick themselves for it. I know others who DID buy at that point thinking it was a stretch and now they're not complaining, of course. It's really intriguing if they do, in fact, split this year.
No one today regrets buying Apple at $100 instead of getting in at $60, same can be said of many companies.
Posted on 2/3/18 at 1:26 pm to EA6B
quote:
No one today regrets buying Apple at $100 instead of getting in at $60, same can be said of many companies.
Well stated.
Hmmmm......25 shares of AMAZON.....
Posted on 2/3/18 at 9:53 pm to mule74
Amazon and FB understand consumer behavior far too much to ever go anywhere (minus a child sex slave) in my lifetime. I have loaded up on FB since ~$150.
This post was edited on 2/3/18 at 10:00 pm
Posted on 2/4/18 at 5:45 pm to LSUShock
quote:
Amazon and FB understand consumer behavior far too much to ever go anywhere
And what is the Board's thoughts on Google/Alphabet? Same?
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