Bezos to the Moon

Jeff Bezos, CEO of Amazon.com, introduces Kindle Fire HD tablets at a news conference in Santa Monica, Calif., on Sept. 6, 2012 Photograph by Patrick Fallon/Bloomberg

For Amazon, nobody knows what the future will bring, but I’m quite confident that Mr. Market and Wall Street have gotten caught up in unrealistic expectations for the company. Don’t buy the hype, and instead be “fearful when others are greedy.” I think that longer-term shorts will be rewarded, and I urge investors to take a step back from the mania surrounding this company and think logically about the merits of the current valuation. Based on this, I recommend that aggressive investors consider taking a short position, or perhaps look into purchasing some longer-term put options. This is a sound investing decision based on reason, and history will definitely be on your side.

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