Morgan Stanley Is Selling today because Dec. Sales Awful
Amazon's sales have averaged 33% yoy from January to November. December sales were only up 25%. That's why Bezos sold almost $100 million worth of shares at $250 each in December. MS is selling today because they also need to get out before earnings.
Bezos sold in November. No need to misrepresent. The issue isn't even revenue growth. It is the underlying profit potential of the model, which is thoroughly misunderstood by the analyst community which should go back and review cost accounting, particularly activity based management so as to build a proper TCO model for Amazon...
they care about marketing and supporting the stock. that's why your Goldman message this weekend about integrity is a complete joke. Their businsss is to support, market , and sell stock: and AMZN is probably the top shelf item. Tell us about all the integtiry Goldman has, compared to Morgan Stanley. lol! you can't even reconcile that.