"They buy when the PE is 12 to 15"
Wrong, wrong wrong. At the very bottom of the 2008 crash Amazon was valued at a much higher PE than that. And for those who bought their investment had tripled less than a year later.
"The amazing thing was that some talking heads yesterday were calling WMTs quarter sad and pitiful."
Didn't exactly see you pounding the table for WMT stock either. Their business is flat minus inflation.
"shareholders will receive their quarterly dividend as usual."
I guess that pittance was not enough when you consider the shares have been flat for 15 yrs.
Put down the pipe son.
You are better off investing in what you believe in either long or short for the long term.
If you are just buying and selling willy nilly you will lose.
This stock trades against fundamentals, aka profits and I suspect is extremely manipulated usually to the upside.
So it will go up until it goes down and generally the moves down are sharp.
If you are buying because it always goes up you could very well make your money back but at some point a day of reckoning will come and you won't want to be holding then. I suspect the float is controlled along with a bout of collusive algo buying.
On fundamentals it's a short but on MOMO it's probably still a buy. My advice to you is to stay way.
Welcome to Wall Street.
If you had held onto your shares, the stock would have gapped down before the open today, and you would be sitting at 320 now.
Whatever you hope it will do, it will do the opposite, at least until you have gotten out.
Seriously speaking, nobody can answer your questions about what the stock will do, because nobody knows if it will go to 350. This game is all about uncertainty. The talking heads don't know. The market makers don't know, the company management doesn't know, and even the smart money power players don't know. Too many factors are random, or impossible to know. And the price reacts emotionally and psychotically, not rationally. So even if you had tomorrow's news, you could be wrong about tomorrow's stock price.
This isn't easy. They didn't build the stock exchanges for you and me to make money. They built them for member firms to make money selling overpriced stocks to retail customers who think they can open an account and start taking money from established Wall Street players.
If you want to win at this game, expect a long learning curve. And learn to think in terms of what is possible, what is improbable, what is foolish, and that it's all uncertain. The market will give you money if you are willing to take it when the rare opportunities come. When they do come it will be very scary to take advantage of them.
"WMT made a profit."
Citing WMT only accomplishes the opposite of what idiot shorts are trying to do in promoting efficient market theory PE ratios, etc. If what WMT does is so hot how come their stock is only up 2% in 15 yrs.? How much more money is WMT going to lose this quarter btw discounting all those loss leader Disney DVDs at 50% that used to sell on Amazon?
Amazon is gaining share. Share means you leverage suppliers. Ask Warner if Amazon can't squeeze suppliers. A few months from now, ask Hachette and Disney, too.
"If the company cut back on the "press release" projects it invests in, and allowed itself to book profits every quarter, then the consistent profits would trigger an earnings based valuation metric."
This is utter total nonsense. Projects simply lead to larger marketshare and once big enough they can squeeze suppliers such as Warner or Hachette or Disney.
"It's the bottom line profits that matter."
Only to efficient markets diehards who never turn out to be right about anything.
"This high stock price on revenue is a temporary thing."
Define "temporary" in any way that is not extremely vague. A day after you die could or could not be temporary for those still alive but not for you. For you it was permanent. Time-based pronouncements are totally worthless unless put into a precise timeframe.
He's just paying for convenience tariff. Convenience-no matter how much a customer might squawk, is worth a lot more to a lot more shoppers than idiot shorts think.
That's why I cancelled my Prime and found that eBay offers better deals less the tax and pays the shipping.
Local Corp. Continues To Double-Down On Mobile Building Blocks
by David Kaplan | June 30, 2014 4:54 pm
Local Corp. has rolled out a number of offerings – including a new display ad network, which it should be noted, is separate from its shopping platform – to offer a more seamless connection between store locations and shoppers.
While search is where most local and mobile ad dollars are spent, much of the growth in the space is coming from display, says Sherry Thomas-Zon, the VP of Local Shopping for Local Corp. The company, which is billed as a local advertising technology provider that connects millions of online and mobile consumers with businesses and products through a variety of digital advertising solutions.
Citing eMarketer stats, Thomas-Zon notes that US mobile display ad spending is expected to grow from $8.1 billion this year to $16.3 billion in 2016.
If you cannot dazzle them with brilliance, baffle them with cockiepoo. And its worked, as a fact, clearly it still does. Now, lets get back to business, any more 'news' about those drones today???
I bought 300 shares @ 350 avg price. I sold all my holding today @ avg price 334.00. I am taking a loss and am out of AMZN stocks. I don't understand the behavior of this Market. Will wait for couple of days or a week.
yep the more they sell the more they lose!! short now before they stop short sales, i expect a 20-30 point drop as Alibaba comes to sf to eat their lunch
Sentiment: Strong Sell