Tag Archives: profits

Amazon Stock Price, Despite 2015 Q4 Results ‘Miss’, Unchanged Over 48 Hours!

by Anura Guruge


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AMZN chart from “marketwatch.com” on Friday, January 29, 2016 — 1:35pm. Note that current price is HIGHER than it was at 2pm on Wednesday, i.e., 48 hours ago! All of yesterday’s wild swings was ‘just in the wash’.


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Click here
to access “marketwatch.com” original.


I said it last night. These wild, knee-jerk selling/buying of Amazon shares, is hilarious (and profitable) to watch IF you are a disciplined investor.

After-market and pre-market before Friday opening the stock was down over $85. But once the markets opened it settled at around down ~$50. BUT it had made roughly $45 on Thursday ahead of the results. As the chart above demonstrates AMZN is actually trading HIGHER than it was at 2pm on Wednesday — i.e., just 48 hours ago! So all of the last 24 hours, to long-term professional traders like I, was nothing but ‘froth’ — comes out ‘in the wash’. As I said last night it is great for option trading and I did, as is my incurable addiction, wrote two options on AMZN today. Could not resist.

Just trying to bring some sanity to bear, BUT it is OK. Somebody has to drive the stock. Enjoy.


Related posts:
**** Search ‘Amazonfor other related posts >>>>


by Anura Guruge

Amazon 2015 Q4 Results Were OK, After Market Trading Hilarious — Analysts Estimates Are SO Bogus.

by Anura Guruge


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From ‘marketwatch.com’. Click to ENLARGE and view here.


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From “New York Times” — see below for link to original. Click to ENLARGE and read here.

Click here to access “New York Times” original.


Amazon in 2015 Q4 had hugely impressive revenue numbers, 22% up, and made a profit of $1/share.

That is pretty damn good.

So what is the supposed problem? These numbers missed the so called ‘analysts estimates’. So bloody what? Analysts estimates are bogus. Made up. Pie-in-the-bloody-sky. They mean nothing. I have never paid any attention to analysts estimates — because the word says it all, ‘ESTIMATES’.

The after market trading was hilarious. Yes, as I have said before I own a fair number of Amazon shares. Amazon is my biggest financial holding. Even after it lost $85 (on paper) in after market I still have an investment in AMZN which is greater than the value of our house (which, of course, is a very modest dwelling). But the after market trading did not faze me in the slightest. It actually just amused me no end. Yes, I am an addicted option trader. This type of irrational volatility is a sheer boon for option traders. I feel BAd for the amateurs. They are the ones that suffer in crazy scenarios like this. Tomorrow morning so many will sell on fear. The professionals, including I, will trade that fear. I might even buy more shares.

People have to stop listening to analysts. What do they know? What did they get right over the last 40 years.

Do your own research. Play your own convictions. 


Related posts:
**** Search ‘Amazonfor other related posts >>>>


by Anura Guruge

Has Richard Rawling’s & ‘Fast N’ Loud’ Been Audited For ALL Of Their Cash Transactions?

.Anura Guruge December 2014 thumbnail
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by Anura Guruge


Richard+Rawlings+Richard+Rawlings+Enjoys+Beach+OSm_b0Be3oDlRelated Posts:
>> ‘Fast N’ Loud’ 
— ‘Funniest Videos’.
>>‘Fast N’ Loud’
— profits.
>>
‘Klondike’.
>> ‘Africa’ series.
>>
‘North America’ series.

>> ‘Hotel Impossible’

 ++++ Search ‘cars‘ for other automotive related posts >>>>


fast-n-loud-52Yes, I know it is a ‘Reality Show’ and as such that all that we see is NOT real. That said the BIG deal that Richard Rawling makes about ALL of his cash dealings, most of them in excess of $10K, makes me wonder … In the U.S. there are strict rules and regulations about individual transactions exceeding $10K. In some cases there are IRS forms, Form 8300, that need to be filled and submitted. It is possible that Richard does all of that or that all of the purported ‘cash’ deals are just for the camera. Yes, it is a ‘Reality Show’ but they do portray an alarming disregard for the LAW. Last night we saw an episode where Aaron just jumps into a car they bought — cash — and starts driving it back. No registration? No plates? Not right.

As a diligent taxpayer, I really would feel so much better if the IRS checked ‘Gas Monkey‘ to make sure that all those cash transactions have been properly reported. At a minimum lets make sure that ALL the cash transactions shown on TV were reported. That seems fair.

As I have bitched before I take umbrage to the way they play ‘fast N’ loose’ with financial matters on this ‘Reality Show’. The so called ‘profits‘ that they show at the end of each show are beyond misleading. They do not take into account salaries, equipment, rents, taxes or overhead! That is wrong.

But it would be worse still IF they didn’t play right by the IRS — not to mention the State of Texas. So I hope that somebody will take notice and check.

SMILE.