Post
Topic
Board Economics
Re: S&P500 Crash especially Amazon stock. Good time to short ?
by
The Pharmacist
on 30/10/2018, 14:37:43 UTC
Amazon is probably one of the stocks that would perform the best in a stock market crash given the extent of their market dominance,
Mmmm....I don't know about that.  They've always been in the "tech stock" category, even though they're basically just a retailer with a huge online presence, albeit one with their hands in a lot of different areas, such as video-on-demand.  

Would I short it now?  If I was a short-seller of stocks (which I'm not), I might consider it.  I think AMZN is probably going to drop further, but I bet it's not going to be by much and I think it'll rebound fairly quickly.

I've seen a lot of stocks I follow sinking lately, so we're getting the market correction that I figured we were overdue for.  Since I view this as a temporary correction, I would advise anybody thinking about trying their hands at the short-selling game to be very, very careful.  If Amazon stock were to start to go back up again after you sold it short, there's no limit to how much you could lose.  I wouldn't do it, not with Amazon, not with any stock.


So in other words, you didn't understand the question but decided to write a shitpost anyway.