Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

In this Discussion

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Time to sell Amazon ?

With 2.5 billion $ going to settlement, is it time to sell?
As for myself, I'm waiting to see if I will be included in settlement.
Read about it here;
https://www.foxbusiness.com/economy/amazon-set-pay-historic-2-5-billion-settlement-customers-able-get-piece

Comments

  • Not me, AMZN is one of those stocks to hold and forget about. I don't know anyone who doesn't use Amazon. If that changes maybe I'll revisit.
  • My take is that any damage would already have shown up in the stock. It doesn't appear that much selling is occurring.

    A large amount of what I have is in mutual funds, so no selling there. I bought a chunk in late 2022 around $85 share, and am hanging onto that as well. I believe gman57 is correct.
  • @Derf- I just dropped $100 there today. Hang in there- I'll try to keep making up for the missing $2.5.
Sign In or Register to comment.