So what is the justification for this stock price?
AMZN could be a pile of rocks but the point being that those pile of rocks is more loved and protected than any stock in the market always. Those pile of rocks are the first thing bought on market dips and those pile of rocks have a quadruple market multiple right now while something like AAPL, a money maker right now with no pier, doesn't get valued like those pile of rocks. Point being is AMZN whether a retailor or pile of rocks, is valued by WS right now with the most love and support like no other right now. THEY LOVE THOSE PILE OF ROCKS B/C THEY MAKE MONEY ON THEM MOVING 'EM UP.
you are so right nasdaq6000. I give up on shorting this stock. It never has to make money ever it seems. They never will. But it doesn't seem to matter. AWS doesn't make much. Kindle doesn't make much. Living social loses money. Shipping loses money. But it doesn't seem to matter to WS Ponzi artists.