iBankCoin
Joined Jan 27, 2008
7,406 Blog Posts

AMZN: Bought @ 40.74

After the day we had yesterday, I find myself wanting to go long something, anything. I decided to go with one of Uncle Howard’s plays, AMZN. I believe this rally will hold for today, no way we go in a straight line back to the lows.

My long C, short LM seems to be working just fine, and I will continue to watch the banks for a tell on the market.

I bet Tim Sykes is having a filed day the last few weeks. I’m noticing many penny stocks exploding, some over 200%. The PPT has been all over XING, just take a look at that one the last few days. How about FRZ, ready ice, up over 30% today.

This continues to be a traders market, just make sure you don’t overstay your welcome.

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2 comments

  1. Gio

    I’m with you here RC. It’s tough to go long. Everyone on StockTwits against us. Lol.

    Sykes is an idiot. sorry.

    -gio-

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  2. Timothysykes

    this idiot was up 17% each of the last 2 months, 219% int he last year or so…not to mention i’ve found a way to make much more $ just by telling people how i make a few thousand here and there…suck on that gio and cry yourself to sleep in your dumpster

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