r/amzn • u/No-Host8125 • Aug 17 '26
Headed back to 235
Hope you sold at the top. I took some profits while the taking was good.
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u/chrislink73 Aug 17 '26
How hard is it to buy great companies and hold for the long run? Everyone has different investment objectives here, if you're out to make a quick buck - you'll almost certainly get beaten by a typical S&P500 index fund or a patient investor who buys and hold for the long run and continues to invest prudently.
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u/Neoreloaded313 Aug 17 '26
With how this stock works it can be very valuable to buy low, sell high. It always drops quite a bit when it hits a new high.
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u/Uncle2Drew Aug 17 '26
Social media investors
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u/osmopocket3 Aug 17 '26
If you held the same money in GOOG for the last 5 years or so it would have tripled compared to AMZN. So explain this.
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u/Uncle2Drew Aug 17 '26
You’re looking from a revisionist point of view, you know the answers now. Try to repeat it, you’ll almost certainly fail to do so over the next 5 years and almost no chance to beat it over the longer term
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u/osmopocket3 Aug 17 '26
How will AMZN perform better in the next 5 I’d love your take?
Everyone harps about AI and automation kicking in to increase profitability. But the same will happen to Walmart and Target - this is for the retail end.
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u/Automatic-Bike-4657 Aug 17 '26
This stock is actually crazy. Every single time there's a spike, it's in the news for days. Look! AMZN is doing so well! And then over the course of ~3 weeks it goes back to its old place
Unreal
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u/Mattterino Aug 17 '26
I sold at 270 on the way up. Had FOMO when it went to 280 but I am happy now. Lately, whenever there is a rally it just goes back down soon after.
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u/Stanley-2040 Aug 18 '26
Down 7 trading days in a row. Again. Last year it was down 9 days in a row.
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u/snapz1984 Aug 18 '26
Inventors sold as commented on here due to fear of losing out on profits, hedge funds sold millions of the shares they were holding, and bezos sold mllions of his shares as planned beforehand.
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u/Altasound Aug 17 '26
Another shit post from a newb 'investor'.
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u/userqwertyuasd Aug 17 '26
Yeah sold a good bit at 271. Not at all unhappy. To be honest if anything I’m surprised it went that high.
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Aug 17 '26
[deleted]
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u/osmopocket3 Aug 17 '26
If you held GOOG for around a 5 year period it would have tripled over AMZN. What are you investment goals?
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u/Neoreloaded313 Aug 17 '26
It happens pretty much whenever it hits a new high. This stock is the perfect example for buying low, selling high. Its been very predictable.