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  1. #16
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    Quote Originally Posted by Real Madrid View Post
    Maybe not from the consumers eyes but amazon have become a monster which will own the states in the next decade. Trump hate them already as he believe many retailers are falling down because of Amazon .
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    Court OK's Sears Canada liquidation, all stores to close
    WHAT? Trump cares about anybody beside himself? This is new to me!!

  2. #17
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    the usa stopped backing the $ with gold in the 70s.
    so as long as the fed keeps printing money the $ will
    be king backed by the massive usa nuclear arsenal.
    that's the bottom line.

  3. #18
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    Up another $12. I have bought and sold AMZN a hundred times but had I just hung on I would have been sitting pretty today. I bought it last at $940 and I think I will just keep them.
    On a separate note anybody into cryptocurrency?

  4. #19
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    Quote Originally Posted by Zob Ahan View Post
    Up another $12. I have bought and sold AMZN a hundred times but had I just hung on I would have been sitting pretty today. I bought it last at $940 and I think I will just keep them.
    On a separate note anybody into cryptocurrency?
    I bought at $340. just wait wallstreet short cited.

    they will find an excuse on why they amazon is spending so much money. It will come back down to 700s and you can pull the trigger.
    “It is better to be roughly right than precisely wrong”


  5. #20
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    Quote Originally Posted by ChaharMahal View Post
    I bought at $340. just wait wallstreet short cited.

    they will find an excuse on why they amazon is spending so much money. It will come back down to 700s and you can pull the trigger.
    I don't understand. Sell at $700???

  6. #21
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    first off you gotta understand that a $10 rise in amzn is only
    1% rise.
    second, stock evaluations are not only based on what profits
    they make.if that was the case exxon,msft or mcd will be
    in $1000 range by now.
    finally, amzn never made any profits until recently.it lost billions
    of $ for years but it's stock price still kept rising.see this article
    for a history.

    http://www.investopedia.com/stock-an...l-wag-azo.aspx

  7. #22
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    Quote Originally Posted by Playboy View Post
    first off you gotta understand that a $10 rise in amzn is only
    1% rise.
    second, stock evaluations are not only based on what profits
    they make.if that was the case exxon,msft or mcd will be
    in $1000 range by now.
    finally, amzn never made any profits until recently.it lost billions
    of $ for years but it's stock price still kept rising.see this article
    for a history.

    http://www.investopedia.com/stock-an...l-wag-azo.aspx
    .
    .
    .
    that's a loss in profit so it's ok

  8. #23
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    Quote Originally Posted by Playboy View Post
    first off you gotta understand that a $10 rise in amzn is only
    1% rise.
    second, stock evaluations are not only based on what profits
    they make.if that was the case exxon,msft or mcd will be
    in $1000 range by now.
    finally, amzn never made any profits until recently.it lost billions
    of $ for years but it's stock price still kept rising.see this article
    for a history.

    http://www.investopedia.com/stock-an...l-wag-azo.aspx
    Thanks for the valuable math lesson. However my point was even after the 14% rally on Friday the stock is up today & no profit taking.

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  10. #24
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    Quote Originally Posted by Zob Ahan View Post
    I don't understand. Sell at $700???
    I am predicting that Amazon will once against come down a bit. maybe down 700. and then we can buy again.

    wall street falls in love for a year or two. then they start complaining about their overspending.

    I don't think it will go down to 300s again. unless there is massive account scandal or something. but 700s i can see.
    “It is better to be roughly right than precisely wrong”


  11. #25
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    The only 2 stock that I won't sell, is Amazon, Google. and I am starting to think that way toward Ali baba. not because i know if Ali baba is the real deal.
    just because my Ali baba position is so small. I am willing to take a chance.

    as for Biogen stuff, I am just going to with index funds. my inclination is to get away from individual stocks and just to ETFS.
    I have been following Europe VGK
    and Indian PIN quite a bit.
    “It is better to be roughly right than precisely wrong”


  12. #26
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    Quote Originally Posted by Bache Tehroon View Post
    I earned more in stock growth this month than working. First time ever this has happened to me!

    I'm a fairly safe player. Mostly ETFs or Canadian banks. I don't own Amazon individually but it sure played its part in my recent gains
    I bought a Canadian stock a month ago and am up 41%. B shares of Bombardier
    How are the banks?

  13. #27
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    Quote Originally Posted by Zob Ahan View Post
    I bought a Canadian stock a month ago and am up 41%. B shares of Bombardier
    How are the banks?
    Agha in hame polo chi kar mikoni?

  14. #28
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    Quote Originally Posted by Babr View Post
    Agha in hame polo chi kar mikoni?
    stockesh arzoones dada. Man 1.70 kharidam.

  15. #29
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    Quote Originally Posted by Zob Ahan View Post
    stockesh arzoones dada. Man 1.70 kharidam.
    shoma karet doroste, ma bayad biam paloye shoma in chiza ro yad begirim zaheran

  16. #30
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    Quote Originally Posted by Zob Ahan View Post
    I bought a Canadian stock a month ago and am up 41%. B shares of Bombardier
    How are the banks?
    Rock solid for the most part. There's literally no more powerful entity than the main Canadian banks (RBC, TD, CIBC, Scotia, BMO). These fuckers will never go down!

    Believe it or not, it was pretty common for the average investor in Canada to distribute their entire portfolio on these banks. It sounds insane right now, but they actually did well!


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