leap call dump and may putz........watch and see the scam zig zags
QID & QQQQ putz yum cashed
Risk and Award of owning AMZN
AMZN is projected to make around 0.30/share this quarter. Even if it can make it, or slightly beat. Its PE is still around 50. Its upside is very limited, probably another 10% if it can deliver 0.35/share. If it misses or just meets the estimates, it could go back to $40-$50. At this price its PE still is around 30, which is much more than AAPL, GOOG, INTC, MSFT and CSCO.
Another good one to compare is RIMM. RIMM can make 0.9/share every quarter. its price is still lower than AMZN. Just think twice or more if you have AMZN long position.