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Amazon.com Inc. Message Board

  • xdexletx xdexletx Jan 30, 2013 5:28 PM Flag

    The time machine.

    The answer to the high valuation of AMZN is that they found a way to resucitate all the dead analysts from the late 90's who pumped up stocks doing $100 million in sales and had a MC of $5 billion. You could call it "Week-End at Bezos".
    It was like when a stock fund had such a huge position in CSCO, that they effectively trapped themselves with a huge loss. The same for AMZN, CRM, WDAY(there's a real winner-$9 billion MC, loses $50 million on $100 million in sales). They can't get out-see Apple. $705 to $450 and they make a lot of money.

    Sentiment: Strong Sell

 
AMZN
312.99-9.52(-2.95%)Jul 31 4:00 PMEDT

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