AMZN is moving right up nicely into the neckline this week. Bears should really take notice.
AMZN bears are swimming upstream, they're going against the trend. Seriously people, do you really think you're smarter than the people who have made money investing in AMZN? By the way, for the 8th straight year Amazon is #1 in customer satisfaction. That doesn't appear on the balance sheet anywhere, but it's still worth something.
Sentiment: Strong Buy
I order through AMZN and I am satisfied. Doesn't mean that the price can keep going up. Value it at
AMZN vs WMT:
AMZN is 4 times the Price to Sales of WMT
AMZN's p/e ratio is either 10 times or 200 times WMT (depending on forward or trailing)
AMZN profit margin is 1/10th of WMT
AMZN is awesome and will keep going up...until it doesn't.
Do I think I'm smarter than a group of investors who've invested in a company that 1) has decelerating sales, 2) declining operating margins, 3) declining net margins, 4) declining eps, 5) declining competitive advantage due to sales taxes, 6) strong competition ( Walmart in retail, Google, MSFT, Oracle, ect in cloud computing and Apple in tables).
Well YES, I do think I'm smarter!
You forgot to switch aliases again... The painbrushes are out in force. They don't change the underlying fundamentals though, which are degrading over time as Amazon searches for a business where it actually generates meaningful and sustainable free cash flow as opposed to value destroying perpetual malinvestment....
more dellusion: Yahoo doesn't allow web addresses be posted where i cam show someone else who sees the massive consolidated inverse H&S, where the breakout is imminenet: Hey good news for you, as if it happens, the pattern target $300, giving you more opportunity to add to your short position. anybody with a blind eye can see it. If the market breaks out higher here, which it is on the cusp of doing, probably a slam dunk