Fri, May 24, 2013, 7:03 PM EDT - U.S. Markets closed
amazon earns $0.08 x ebays 22x p/e = $1.76 stock
oh right pumpers are here and we must be sensitive
so lets be generous and say amazon earns $6 (which is laughable as amazon wont make $6!!!)
$6.00 x 22 = $132.00
or HALF what or its trading at now!
has nothing to do with earnings: if it did,AMZN wouldn't be leading the market up. Amazing how the short fall for the same traps over and over. I'll give you one clue: liquidity + market =
Fake housing boom?
$6?? haha...AMZN never made $3.
You must look at forward earnings not backwards.