5 ms·
You should probably buy some MSFT at the open tomorrow and fund it with a short position in AMZN. For posterity's sake, the closing price of both companies tod
by nwzpaperman 13y ago
You should probably buy some MSFT at the open tomorrow and fund it with a short position in AMZN. For posterity's sake, the closing price of both companies today was:
8/8/2013
AMZN: $295.74 @ $135.12 billion market cap
MSFT: $32.89 @ $273.97 billion market cap
- gjm11 13y agoHe thinks Microsoft is in trouble and Amazon is strong ... so you suggest he should short Amazon to buy Microsoft?
- mgkimsal 13y agoThank you - I wasn't sure what the point of that was, other than illustrating that perhaps I don't make my points clear enough. :)
- nwzpaperman 13y agoI think you are a tradeable fade!
- mgkimsal 13y agoI get that a lot, actually. Still trying to figure out what it means, but thank you.
- melvinmt 13y agoWhat is your point exactly? These numbers don't mean anything in an investment point of view. You can't compare them.