"Sell now before everyone realize that AMZN just can't make a profit to justify a price even close to where it is."
Your call to sell iz a scad bit late. Many many people sold already. last week prior to earningz, a whole bandwaggon full of people sold - they sold short. Sybby haz a sneaking suspicion that you may have jumped on that very bandwaggon sybs talking about, and you too sold this beast.
You are correct though, the price of this stock cannot be justified here with the sheer volume of short sellerz that must buy it back or die. It will be much much higher... After last weeks action, sybs raised sybby's target from the 330 - 350 range to the 400-420 range.