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  • gruen7 gruen7 Dec 7, 2012 6:29 PM Flag

    Amazon--Easy come, easy go--capital gains will be taken

    They are wrong, this is the best quarter for Amazon and any capital gains sellers who sell in 2012 would immediately buy Amazon back Jan 31st. Goldman and a few more Hedge Funds want some weight in Amazon but no weight is available without pushing the stock up. It is perfectly normal for Amazon to not do that much the 1st 3 quarters of the year and then for the stock to go bonkers or way up from NOV, DEC, and January, Jan 31st is earnings but this earnings will be the best ever with black friday online sales up 25% and Cyber Monday up 35-40% for online sales. Kindle sales are going nuts, apps up 500%,content sales up like crazy, six times the kindles sold as last year. Since Amazon has been in existence, they never had sales #'s like this quarter will be, Wall Street is going to flip when they see the sales and revenue #'s, selling wine, diapers, everything that nobody feels like going to the store for and all those new Amazon prime memberships, tons of them.

    Sentiment: Strong Buy

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