Bag Quick Profits As Amazon (AMZN) Reveals True Picture
Jan 27th, 2009 | By Adam Lass | Category: FeaturedAmazon (Nasdaq:AMZN) has declared that the holiday season was its “best ever”. But despite its cost advantages over bricks and mortar retailers, Adam Lass says the company will struggle to profit during this recession. Amazon’s earnings report on Friday could reveal the troubles that lie ahead. And that means a chance for quick profits with short selling or put options.