frosti
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.


$Amazon.com(AMZN)$

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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
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