Give it to me straight. Do I short Amazon?
Give it to me straight. Do I short Amazon?
Elijah Robinson
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Luis Gomez
amazon has always been profitable OP. they just reinvested those profits until recently. amazon is in a position where they can literally control the direction of their stock. idk.
Liam Williams
All of tech is a bubble. The next few months is gonna make the dot com bubble look like nothing
Jayden Morris
>escalating operating costs, stock buybacks, emerging markets bearish, gdpr, european banks on the brink, everyone piling into faangs, general distrust of tech, angry poors
lots of reasons to do so. however, as is frequently said: the market can remain irrational longer than you can remain solvent. make a bet, either way someone will lose.
Joshua Gutierrez
Amazon isn’t literally on the verge of singularity in AI. They have a box connecting the AI to nearly one third of homes in America. They have perfected machine vision enough to have a checkout less store.
>let’s short this
>hmmm
Elijah Rivera
>he fell for the AI hype
James Lee
How is this possible though? How can they have enough money to buy back their stocks?
And if it costs them more money than they make doing it, what is the point of doing it?
Luke Ward
Man my profile is super amazon exposed and Bernie fucked me good this week. 500 link to the guy who kills him. (Just a joke mr fbi man)
Robert Lee
amazon is literally becoming the only store that anyone on the globe needs
Brody Fisher
Total bs
Ethan Sanders
yes, we're approaching peak delusion
investopedia.com
Easton James
pic 1 of 2
Cooper Baker
pic 2 of 2
Julian Clark
Where can I short stocks, biz bros?
Colton Murphy
Mini shorts, if you don't want to do credit checks and get permits
>your country might have reasonable legislation though
Oliver Thompson
Should I short the stock or do options? What is a good option price and date? Anything significant coming up?
Asher Rodriguez
amazon will split at or around 2k and will skyrocket
screenshot this
Asher Ortiz
Amazon doesn't do buybacks nor does it pay out dividends.
Bentley Sullivan
fuck off doomsayer
Be amazed as it goes even higher
Lincoln Foster
Its a pain in the ass to get options, they all usually make you wait a week to get them because they are so "high risk" they want you to be good for it.
That said if some Boomerkrew thinks its a bargain at these levels it MAY do a 2100 then do the mad crash to 1600.
Wyatt Harris
Amazon is legitimately a successful company, this isn't speculation so dont short
Tyler Stewart
>core business model: put cheap Chinese crap in boxes
Hmm
Jeremiah Morales
Then why buy it?
James Long
To feed the ponzi.
Bentley Robinson
>US buybacks approaching $1trn due to tax cuts
>multiple currency crises
>rising rates in US and EU
>Oil rising
>peaking employment figures
Socialism in America 5 years from now.