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greasemonkeyshoes

05/08/20 12:30 PM

#18998 RE: Dickmo #18997

A paradigm change in the making?...........
"Amazon reported first-quarter EPS of $5.01, short of consensus analyst estimates of $6.25."
https://www.benzinga.com/analyst-ratings/analyst-color/20/05/15934894/amazon-analysts-react-to-q1-earnings-stock-sell-off-is-short-sighted

backdrop:
"For The First Time Ever, More Than Half Of The US Population Is Not Working"
https://www.zerohedge.com/markets/tragic-record-first-time-ever-more-half-us-population-not-working

Internet sale space was crowded and likely be more so after the pandemic,as physical mortar stores were forced to convert existing model or quit,resulting a huge surge of suppliers all fighting for a shrinking consumer dollar as unemployment gone up.

bottom line:
Is Amazon a good shorting stock right before the next ER??Most likely I be doing otm call spread(credit).Again,things are a bitch.