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  • mets41us mets41us Dec 4, 2012 7:02 AM Flag

    Cramer still likes this overvalued

    Cramer hasn't been completely run in the fact that the funds weere goiong to use AMZN into year end to chase the market up: that was his reasoning awhile back as to why to own AMZN. But you may to beat the whistle to get out as this is fast money trading. Cetainly helped Bezos selling a nice $200 million slug while the company's earings declined toward 0 the last few quarters. What a great situation for him, not so sure LT for a shareholder of cash going into his pocket while no cash buildup from making money to the balance sheet, as cash from the balance sheet can end up in investors pockets, not Bezos pocket.

532.54+11.82(+2.27%)Oct 2 4:00 PMEDT