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Amazon.com Inc. Message Board

  • namfong43 namfong43 Nov 29, 2012 11:29 PM Flag

    314 TARGET PRICE 314 YES 314 COULD BE HERE BY JAN 15TH 52 WEEK HIGH NEXT WEEK

    kINDLE PHONE OR FASTER THEN GALAXY S3 BY JUNE...OH MY

    Today, Caris raised estimates for Amazon's top and bottom line. It also upped its price target on the stock to $314.

    Don't let the bears, who likely do not have the guts (because, deep down, they're smart) to short the stock, suck you into a trap. Only about 2.3% of AMZN's float is short; that's roughly 8 million out of 364 million shares. Lots of people are talking the talk, but not walking the walk.

    Amazon doesn't tell us how many Kindles it sells. Its margins stink. Profits blow when they report them. They spend too much. They took out a $3 billion bond.

    All of the above and anything else the bears come up with doesn't matter.

    Look at AMZN like you look at decorating a baby's room before it has been born. You are getting everything ready for big event. Of course, the entire pregnancy is a big deal. And you treat it as one. But, for nine months, you lay the groundwork for the really big event -- the birth of a new life that will sustain and breathe even more vibrancy into the world.

    Amazon operates on a longer life cycle, but it's the same concept.

    Don't short children because, after all, they are the future. And don't short AMZN because Jeff Bezos and his team continue to write the future.

    I WISH I BOUGHT MORE AMZN

    Sentiment: Strong Buy

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    • I have 26,000 shares long. Where's Caris upgrade link?

      Sentiment: Strong Buy

    • Cover mf

      or short more, please (actual long) short more and bring more shorts, 2% is so weak, I can't think of a stock that has steamrolled more shorts or made fast money look so stupid.

      Sentiment: Strong Buy

      • 4 Replies to namfong43
      • That analyst should be required to put half his net worth into Amazon and not sell until he changes his price target or it is met. It's all fun and games playing with other people's money...

        Until longs do the right thing and stop playing the games, retail will pull AUM and the financial sector will continue it secular decline. All the games due is further destroy what little trust remains in the financial markets. It's kind of hard to have a capitalist society when no one trusts the markets. And, if we learned anything in this election, it is that people trust the government more than Wall Street (which is a VERY low bar these days).

      • I will never in my life under any circumstance be long this POS.

        My new years resolution for 2013 is to use legitimate and fact based analysis to: 1) expose the massive flaws in the Amazon business model and 2) Make large state pension funds (and the unions whose pensions are underfunded partially as a result of Amazon's practices).very aware of the harm Amazon's business practices causes to state economies and why they should pull any direct or indirect investment in Amazon. In 2012, I focused on CMG. In 2011, NFLX and GMCR. 2013 is the year of Amazon, just not in the way you are expecting.

        I'm happy to have folks like you hold all the risk. I'm content on this side...

        Sentiment: Strong Sell

      • I will never in my life under any circumstance be long this POS.

        My new years resolution for 2013 is to use legitimate and fact based analysis to: 1) expose the massive flaws in the Amazon business model and 2) Make large state pension funds (and the unions whose pensions are underfunded partially as a result of Amazon's practices).very aware of the harm Amazon's business practices causes to state economies and why they should pull any direct or indirect investment in Amazon. In 2012, I focused on CMG. In 2011, NFLX and GMCR. 2013 is the year of Amazon, just not in the way you are expecting.

        I'm happy to have folks like you hold all the risk. I'm content on this side...

      • I'm not shorting more...I planted my flag at 251 and change today. Risk/reward is strongly in my favor. The markets have had a helluva xmas run at the end of a 4 year bull market induced by stimulus target at financial institutions and big business. There is no more help coming when the next round of bad news hits. This stock is not running on fundamentals, only on hype and delusion.

    • I'd tear this to shreds but since Yahoo (or pumper ratings) is filtering my critical thought posts, so I'll be brief...

      In short, the entire story is #$%$. You cannot earn supranormal profits distributing non-exclusive content when competitive channels have broader reach and a captive audience (and more cash to pay for content). Shipping costs will be WAY more problematic over time (Gillis's comments today just scratched the surface). The phone will simply be another source of channel conflict...

      I welcome the day when CNBC actually has someone on air that is a thoughtful articulate Amazon bear. The constant propaganda is mind numbing (except to those of us who recognize it for what it is...).

      • 1 Reply to techstrategy
      • I'd like to add that a low short float is counterproductive to any future heady gains...without short covering, strong rallies are difficult to initiate and maintain. Amazon has been talking the talk since its' inception and it has never made enough profit to ever justify its' price and has baked in 10 years of $2/sh profits. Their market is all about undercutting everyone else's prices on merchandise and shipping. That alone should scream at you to run from this stock but frequent its' website. Amzn's business is to lose money, but be the largest generator of revenue. Nothing they do can't be done by anyone else. Keep drinking the kool-aid....the phenobarbital should kick in soon!

 
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