415 million shr outstanding @ $103 per share equals a price of $42 billion, for a company with a profit of $366Million and sales of $13bn. Do any of you think that is a bubble valuation???
If $42 billion was invested at 6% it would return $2.5 bn in interest income, a lot more than a profit of $366ml (if it is real)
Where would Blackrock be getting $42 billion??? if they borrowed it interest would be over $2 billion.
Maybe from the Greater Fools, Most likely the buyout rumor is another hype.
And you are full of baloney. Watch AMZN possible crash as you dip buy!! CRASH! on plain and stupid valuation. BlackRock might touch it at $25/ shr. But , the fact that we may just be entering a consumer recssion with a stubborn oil market, they will hold out for paying lower for the non money maker.