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- Amazon Disappoints?...AND GSIC Update – The 'Poor Man's' Amazon
Amazon Disappoints?...AND GSIC Update – The 'Poor Man's' Amazon
So Amazon disappoints? Whatever.
The stock is down $8, basically giving back the gains of the day.
I believe they are just truly knocking the cover off the ball (which was my premise), in a great market, with the best CEO in Internet.
I stand by my thinking when I bought it in the low 60’s and we Wallstripped it .
The only mistake I have made with this stock is selling partial amounts including some last week (blogged the dumbness :) ).
I may be buying the stock I sold last week back in the 80’s if we get there.
In the meantime, GSIC is my favorite ‘poor man’s’ Amazon sympathy play. Wallstripped here. Covered by me here .
Disclosure- Long AMZN and GSIC
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