Have you guys noticed that a high percentage of women in the investment/trading community hammer on BBY? just watched Best Buy or Amazon a Buy on CNBC. That lady reminds me of Holly, very passionate, some very good points, but some fatal flaws in her argumentation. the price you pay relative to the value you can get.
I love Amazon and I am loyal customer for many different items, but at this stage it's just simply overpriced, relative to what it can offer in terms of earnings and margins. Investing in the future is good for a shareholder, but there must be a decent chance that this impacts profitability and margins in the foreseeable future - I can't see that at Amazon - how can they every increase margins and boost their earnings substantially to justify the current price?. After all Amazon is still a retailing business which underlies retailing economics -
Can somebody explain me the reason why mostly women hammer on BBY? Here, SeekingAlpha, CNBC etc.
The pair trade this woman on CNBC suggested might be the worst trade for 2013 so far