"We think that once the planes ascend to 45000 feet none of the ice will melt and although the planes would be colder than other jets we think the product will fly off the shelves.Cool, huh?"
ISI liked the idea and so does every other shill turd analyst hoping to sell shares/debt for the company to perpetuate the Ponzi Plan...now renamed the Bezos Scheme.
"Testing $388+ is a done-deal."
So, what's next?
Place your bets.
(What's that, shorts? Oh, you don't have any money left to short shares or buy puts. Sorry to hear that.)
. . . AMZN is forgiving to day-trading longs.
They'll keep buying every little dip.
On the other hand, only the best and the most disciplined day-trading shorts can make money on little dips. Obviously, shorts here are not either kind.
I doubt Amazon will out much of a dent in Costco. Why would I give up the free tasty Costco treats from the food vendors? The cheapest gas in the country? Those $1.50 costco dogs and soda!!!!!
None of those are as predatory as Amazon though. Bezos delights in crushing companies. Read the book "The Everything Store ...".
IMHO it is not good to crush small businesses. They are the engine driving the American economy. They are often where the new ideas come from. But Amazon appears to act as a predator to small businesses, particularly with its manic obsession with lowest cost.
In effect, Amazon will soon be a distributor for China, having driven out all of the small business manufacturers.
Not good. I will not support such a company.