Wed, Jun 19, 2013, 3:44 PM EDT - U.S. Markets close in 16 mins.
and it would be still over-over-overvalued!
Sentiment: Strong Sell
In fact, Amazon is like cancer and should die!
Sounds silly to say damn right. But "Damn right".
JB's day of recogning is close at hand. Great try, bright guy, sure he's gonna be ok. But it's done.
Maybe, MAYBE, worth a shot between 75 - 100.
90% would be more accurate.
No earnings. Even if they stop investing they would be lucky to earn $2/share. 10 multiple gets you to $20/share price target. Amazon suspension of disbelief about to end. The ponzi scheme in the share price is over. Amazon is the next apple to fall
APPLE IS FIRST ONE. AMZN IS NEXT ONE!
Amazon is unique, a bubble, overvalued even at $50.
sellling now but don't short!!!
why do you think this? thats a bold statement that deserves to have some logical thought explaining.
It's just a very low margin retailer and would not even exist without gambling Wallstreet money.