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Amazon.com Inc. Message Board

  • market_logic2010 market_logic2010 Dec 31, 2010 3:18 PM Flag

    Tax Selling will Hammer these stocks in 2011...

    Amazon, Netflix, CMG. The high PE "fads can". matbe Apple, but that has a much lower P/E...but when panic selling starts, even Apple may fall.

    I expect to see AMZN and NFLX sell below $120 sometime next year, maybe early in the year. Those with cap gains in '10 will sell bigtime. Minor decline this week is just a preview.

 
AMZN
324.00-3.76(-1.15%)Sep 17 4:15 PMEDT

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