by irdadmin | Feb 14, 2016 | Financial Markets, Market Manipulation
A reader reports: Hi Dave, I’m in the Amazon puts with 300 strike price that I bought on Jan 17 before they reported earnings. I’ve made $7500 on the trade. Also I read that you think silver is the play of the decade! I’m going to take those profits...
by irdadmin | Jan 28, 2016 | Financial Markets, Market Manipulation
It began last night with FB’s earnings release, which triggered a spike in both FB and AMZN stock after-hours: LINK. I have been very clear to the subscribers of my Short Seller’s Journal to avoid shorting AMZN ahead of its earnings release after the...
by irdadmin | Jan 27, 2016 | Financial Markets, Market Manipulation, U.S. Economy
A curious news report hit the tape yesterday which described a “major shift in [Amazon’s] thinking” – AMZN Buys Rights To “Wiener-Dog.” I find it curious because, a) the author of the report clearly has not read my Amazon dot Con...
by irdadmin | Jan 15, 2016 | Financial Markets, Market Manipulation, U.S. Economy
It’s good to no longer be a lone voice in the wilderness. This latest commentary on the insane overvaluation of Amazon stock comes from Bill Bonner of Agora Research by way of the Acting Man blog: Every AMZN bear has been made to look like an idiot – but that...
by irdadmin | Jan 14, 2016 | Financial Markets, Market Manipulation, U.S. Economy
…A Bubblicious Breakfast Of Unicorns And Slippery Accounting Consider the case of Amazon. Its PE multiple on LTM net income of $328 million has dropped from 985X all the way to…….well, 829X! Likewise, it’s now valued at 97X its $2.8 billion of LTM free cash flow...
