5 ms·

$AMZN stock is flying right now: http://www.google.com/finance?client=ob&q=NASDAQ:AMZN http://www.google.com/finance?client=ob&q=NASDAQ:AMZN

• ZackOfAllTrades 16y ago
  Why?
  • Seth_Kriticos 16y ago
    They just announced their quarterly results: http://www.americanbankingnews.com/2011/04/27/amazon-com-inc-amzn-announces-quarterly-results-misses-estimates-by-0-16-eps/ http://www.americanbankingnews.com/2011/04/27/amazon-com-inc...
• JabavuAdams 16y ago
  Lol. Sold a bunch of AMZN last week to buy AAPL, just before AAPL announced earnings. Looks like I should have kept AMZN. As a Canadian, the whole currency conversion thing adds another source of risk.
  • 3pt14159 16y ago
    I was mulling over that exact trade, but figured the relatively small amount of AMZN I had didn't justify getting off my tush. Sold a couple hours ago with a solid 60% up in 10 months (usd -> usd) and 41% in CAD terms. I'm fairly bullish on AAPL, but I already own 200 shares (selling medium term call options, hence the 100s multiple) so buying some more probably isn't worth it. Just going to keep it in cash until I see something. Do you have any experience in hedging your US investments by shorting the USD? I'm wondering if the additional fees are worth it.
    • JabavuAdams 16y ago
      Re Hedging FOREX: Nope. It's something I'm interested in learning about, though.