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mgiuliani
Sep 3, 2020 6:05 AM

Amazon Inc. (AMZN) Long

Amazon.com, Inc.NASDAQ

Description

Amazon could announce, as Tesla did, an operation called an "equity distribution agreement". An operation in which an order is given to sell, in this case equal to 5 billion dollars, of a block of securities with a predetermined value. The magic of the market and the rally that led to the split meant that this $ 5 billion was self-generating. Doesn't that seem like a "curious" situation? Take or leave.
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mgiuliani
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