Are Techstrategy & Me are the only rational value investors left here?
The bubblonians keep trying to inflate. Apple at 10 PE. Amazon infinite PE (and maybe 100 forward). There will be a convergence. Such valuation idiocy can only last so long. My HWP spec. buy rec a couple of months ago has worked out-stock up more than 50%.
more like you both lost your #$%$ shorting AMZN is some manner: you with put spread and tech with puts. Wanna badge of honer in being rational and losing money? lol! No wonder you post little here now and when you do, have to metntion some other stock you say you did something right in just like other shorts. Because you have all beeen wrong in AMZN, as if that justifies AMZN losses.
Bulls--ask yourself: what stock price would Amazon need to be to match the Apple PE? Can you handle the truth? Lets say Amazon earns $5 next year (most forcasts are lower). A 10 PE yield a price of $50. A 20 PE $100. 30 PE $150. You get the idea.