I do not believe in their business model, i.e. giving away product at cost in hopes the consumer/purchaer uses Amazon enough to purchase products and make their money that way. The stock has completey over-run reality, with headwinds such as possibly being forced to charge sales tax in all 50 states. This will absolutely destroy the business. Basically way too much risk. I will outline on my B...g over the weekend, realinvestortrader. b..g spot
Anybody watching pandora since my call? Up more than 15%, 7% today alone. Down 5% on my call for Amazon. But that will work itself out in time. Deck heading higher as well suposed "buyout" rumors. No buyout coming, just turning of the tide in sentiment. Nice to see. Been taking a beating, but numbers are numbers and those boots are selling.