If FB were to trade at the same earnings multiple as AMZN it would be $90. If AMZN were to trade at the same Multiple as FB, it would be $53. To dangerous trying to call a top for AMZN, but when the wheels come off ( and they will eventually ) AMZN will be headed to $50.
"Fundamentals do actually matter as AMZN longs will find out the hard way."
Yes, folks, remember this is the poster who told us the same thing at $180 many months ago when he first entered short. Tells you how much he knows about "decent investing".
When the fundamentals "do matter" and the stock falls from $400 to $380 how will that help someone like him who shorted from $180 or even $245 as he recently tries to claim? Will it "help" him to lose a lot of money instead of "more than" a lot of money? Hahahaha!
Tech, fb is a scam of rich dudes dumping their one time illiquid private equity on the backs of the sheeple using the public markets as a vehicle to do so... Fb will continue to get hammered because that is what is working now and will continue to work until the s&p finds long term trend value somewhere in the 450 range.... Stox are scamz bro - plain and simple... There are no sacred cows in a fraud market....