Serge believes that investors are getting "fed up" with the "never-ending spending spree" which has seen Amazon acquire Kindle and a host of other companies, the end result is a "money-losing theme".

The technical chart looks "awful" says Serge who notes that around five million shares are nornmally traded per day but last Friday the volume traded was up to around eighteen million, a "huge spike".

The weekly chart looks 'extremely bearish' and the stock broke through all medium term moving averages, so Serge expects continuation selling.

Serge says he will short the stock at 329 USD

Target: 287

Stop: 346

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