Xzhi
Short

Amazon (AMZN) Good to short

NASDAQ:AMZN   AMAZON COM INC
I have been short Amazon since 1870 and am currently in good profit.

Amazon has been overvalued for a long long time. If people do not regain confidence in the stock it will drop much more.
Comment: Good profit
Comment:
Comment: To be completely honest this is pretty worrying. I am hoping for a couple more years.
Comment:
Comment: This could be a correction or the start of a bear market. If the bear market does occur, AMZN will drop very low. When people believe future does not look good, the stock price will reflect that.
Comment: Over 18% on original
Where do you short stocks, forex or stock market indexes?
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Xzhi pcgc0910
@pcgc0910, Which country are you in right now?
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You need to open a margin account with whatever broker you are currently using. Mine lets me borrow 3x.
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@Xzhi, Peru.
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