01-31-2019, 04:39 PM
(01-31-2019, 04:20 PM)Otter Wrote:LOL, I was weeks early for the true sale with my entry position. I averaged down every $50 drop and it just kept on dropping. Valuation does not justify being my largest holding, and other than ETFs it was by a margin. I survived, and I will go back to being a little more boring lol. I sold 2/3rds of my position at 3:58PM. Their Q1 guidance is nothing amazing, for AMZN anyway. It's not running to $2000 tomorrow. Anyway, it's good for the entire market that they validated consumers are still spending money. AMZN revs look like a good sized country's GDP.(01-31-2019, 03:18 PM)fenders53 Wrote: Started a position in V today. Seriously considering lightening up my AMZN position before they report after the close today. I had to triple down during the bloodbath to get my average cost down. I was down real bad in a matter of weeks. This little voice is now saying "don't be greedy now that you are up, take some profit and start some boring little DGI positions". Maybe I'm just skeered lol.
Come join in the fun with SQ if you want a little more volatility excitement. I'm sure the 25% off sale for AMZN was fun, but the 40% off sale on SQ was pretty exciting, too.