Amazon's Latest Move Could Deliver a Big Gain for Traders...READ MORE
| You're receiving this email because you are subscribed to Options Profits Daily, if you no longer wish to receive these emails you can unsubscribe here. | | | |
| Amazon's Latest Move Could Deliver a Big Gain for Traders | | It has been some time since Amazon pushed a stock down sharply with a new business strategy. Those moves were common several months ago and the market action was given a name by traders. Getting "Amazoned" meant that a stock sold off when Amazon looked into its sector. Well, Amazon is back and looking at a potential opportunity in the grocery sector. Traders sold on the news, but some analysts are skeptical.
According to The Wall Street Journal, "The latest foray into physical retail isn't without risks. Those knowledgeable about the company's plans say the stores could average 35,000 square feet—a size that industry consultants say could be tough to make appealing to consumers because it is too small for big shopping trips but larger than the typical quick convenience store run.
"The economics of a store that size are tough," said Bryan Gildenberg, chief knowledge officer at Kantar Consulting, adding that Amazon will need to locate the stores in high-traffic areas to drive volume."
Traders seem to be betting that if anyone can get the economics right, it's Amazon, a company that has proven the skeptics wrong before and as we explain in our latest article, that creates a potentially profitable trading opportunity.
To learn more about the trade strategy and the specific trading opportunity, you can continue reading our latest free educational article that is available right here.
| YOU PROBABLY MISSED THIS: | | | | ` | |
Not sure the best way to get started? Follow these simple steps to hit the ground running. | | | |
No comments:
Post a Comment