LeGG Mason has been dumping AMZN shares at will, as it has had no choice but to sell in order to meet redemption demands. Once LM completes its selling, AMZN shares will stabilize.
Just put in a bid at a limit price it will get filled. You assholes are doing nothing but driving up the price.
Why would you want to own this now, why not wait until sometime next year.
I Legg is dumping this POS then who is buying this POS at these leves. It isnt Panic
stabililize? what @ a low of a PE of 34 going into a potential depression? There are so many better valued stocks that are more compelling to buy as a result of the selloffs that they already have had.
But AMZN should be a safe short for the next couple of years. WMT has a P/E of 16. AMZN would be priced at about $23 to have a P/E=16.