Thread: SHORT- AMZN
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Old 05-16-2009, 05:21 AM   Nav to Top 
AndyB
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Amazon's PE is near 60. If you buy amazon stock you are paying 60 years earnings for it. Its seriously overvalued. Agreed on the short call, just be careful, markets are irrational!
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I am a junior investor/trader with less than a years experience, so weight my words accordingly.

I'm using a stoploss at my break-even on SFEG. Production is delayed.
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