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  • stkpkr44 stkpkr44 Dec 19, 2012 10:07 PM Flag

    AMZN skyhigh valuation is a concern

    Analyst reduced the number of Kindles expected to be sold from 8 million to 6 million and the fire sale on Kindle recently proves that AMZN is trying to push the product by offering huge incentives. The sky-high valuation leaves a lot of room for the Shorts to make good on their belief that AMZN is priced for perfection which it may not be able to deliver.

    Sentiment: Sell

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