jeffry09
2022-12-01

I'm thinking of selling... I have held for over six years now, and have trimmed a lot of gains over that time, using the money to buy elsewhere. If I do sell to zero, cap gains taxes would be due, just more insult to injury after what AMZN has done over the past 24 months. Charting the stock for the past 3 or 4 years, it doesn't seem likely to 'break out' of the blahs. Add to all that, the news of layoffs and subletting warehouse space. The fly in the ointment (for me): I've thought for some time that they would spin out AWS, and I've been looking for that. No hint. Back at the 20:1 split, I was looking for lower price to generate more activity, acting as a boost to price. No help, nada. I really don't want to sell, but there comes a time in just about all positions to move along. Mark me bearish for today.


$Amazon.com(AMZN)$

US Stocks Opportunities
Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Pepermintpat
    2022-12-01
    Pepermintpat
    How about selling some with all that sourt n window dressing yada then nuy back when bears come our to play again🐻‍❄️
  • romanc9
    2022-12-05
    romanc9
    I bought at 150..think can hold forever unless it move to $250 I might consider selling half
  • simplyZuan
    2022-12-02
    simplyZuan
    it is coming back
  • Pepermintpat
    2022-12-01
    Pepermintpat

    Great ariticle, would you like to share it?

  • setia100
    2022-12-01
    setia100
    Really amazing AMZN diehard fan❗ Highly appreciated ❗🤐
  • Sandyboy
    2022-12-01
    Sandyboy
    Good thinking especially if you are in profit. You can always come back in if you find value
Leave a comment
37
5