QUESTION FOR SHORTS? WHY TALK ABOUT PE WHEN AMZN IS A GROWTH STOCK?
Every company is a growth company, otherwise they won't stay in business very long.. Scamazon doesn't create any product, they just a middle man selling products to retailers.. smart investors can't ignore high PE and delay their payments to make FCF over inflated.. Scamazon can fool some ppl some time, but not all the people all the time.. they tried to hide numbers from investors like number of Kindle sold and future # of unit expected to sell.. many institution investors said nice things in public but privately, they're dumping their shares just like any other past scams.. retail investors always holding the bag because they had faith instead of DD about the company.. trust no one, question everything.. GL
That's bs. they are a selling internet platform distribution system also for 3rd parties growing, and a leader in the digitizlation of paper reading. retail investors holding the bag? this board is retail investors, and they are all short. lol!!