Amazon (AMZN) Good to short Short

Amazon.com, Inc.NASDAQ

Description

⋅ Oct 10, 2018 6:52 PM

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

⋅ Oct 10, 2018 9:09 PM

Good profit

Comment

⋅ Oct 10, 2018 10:21 PM

Comment

⋅ Oct 11, 2018 12:57 AM

To be completely honest this is pretty worrying. I am hoping for a couple more years.

Comment

⋅ Oct 12, 2018 4:07 AM

Comment

⋅ Oct 12, 2018 4:08 AM

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

⋅ Dec 20, 2018 5:36 AM

Over 18% on original

Comments

pcgc0910

⋅ Oct 11, 2018 1:00 AM

Where do you short stocks, forex or stock market indexes?

HD1184K

⋅ Oct 11, 2018 1:01 AM

@pcgc0910, Which country are you in right now?

HD1184K

⋅ Oct 11, 2018 1:06 AM

You need to open a margin account with whatever broker you are currently using. Mine lets me borrow 3x.

HD1184K

⋅ Oct 11, 2018 1:06 AM

@pcgc0910

pcgc0910

⋅ Oct 11, 2018 2:48 AM

@Xzhi, Peru.