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Amazon.com Inc. Message Board

  • ex.goldbug ex.goldbug Jun 7, 2013 4:02 PM Flag

    $160 or below by end of October

    Come back and see.

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    • larrymountainmankiwihero larrymountainmankiwihero Jun 8, 2013 12:00 PM Flag

      Actually, when you analyze the stock, its undervalued. You're looking at the future of retailing with this company. This is the kind of stock you buy for your newborn and come back in 18 years when they're ready to go to college and they'll be able to go to any college they want (if they can qualify academically) and have money left over after paying all college costs. A lot of investors don't know much except to look at the PE ratio of a stock and that just doesn't tell the story. I've seen people who railed that this stock was overpriced 4-1/2 years ago at $38 and are still harping on the overpriced nonsense while they lose out of a lot of money that could have been made investing in it. Sure, It will go down from time to time but just consider that a buying opportunity. You'll never see $160 on this stock again unless there is a complete collapse of our economy and any stock you own would be destroyed. Of course that's not going to happen so invest in the future. Always look for what will rule in the future. You can say the same thing about the 3D printer business. Of course some companies will do better than others and some may not make it but bet on the best management. As far as retailing is concerned, you have the best management in the business with Jeff Bezos. He's taking Walmart to school and luckily for Bezos, Walmart management is too stupid and concerned about their next bonus instead of the furture of the company to do anything about Amazon.

    • Hope your right, it's nothing but a BS over hyped stock.

    • BWAHAHAHAHAAHAHA!! I thought it was supposed to have already happened 10 times by now? you've made that prediction so many times it's comical now isn't it? lol!

 
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