% | $
Quotes you view appear here for quick access., Inc. Message Board

  • berkietanksagain berkietanksagain Nov 20, 2012 11:44 AM Flag

    131 times next year's earnings???

    Am I reading Amazon's financials correctly? This stock should be trading at about a third of where it's at.

    Sentiment: Strong Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • it was originally supposed to jump incrmentally to greater earnings from the peak 4 qtr best of $2.52, to making $4 +++ by now , and the earnings went the other way on "investments". But as anyone can see, it mattered little to the stock price as the anticpation for the earnings of the future are that much greater now. Go figure. Doesn't hurt that it's a low float scam as well. That has mattered more , along with the "option positioning game" then what the value is, thorugh fear in the market and non-fear. Value hasn't mattered, only the bullish trading opportunity of it so don't get caught up as if you discovered something about the valuation that is not clearly known.

758.81+6.20(+0.82%)Jul 29 4:00 PMEDT