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Amazon.com, Inc. Message Board

  • rdctwo2 rdctwo2 Dec 8, 2012 1:29 PM Flag

    Walmart is well on its way to crushing Amazon

     

    Walmart already has an enormous physical distribution system in place.

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    • Hi Folks, It has come to my attention that Jeff Bezos and his company, Amazon.com is holding consumer funds from seller accounts for up to 120 days to boost the earnings from interest received on those funds. Amazon is also behind on the sales figures for the Kindle not to mention the company is giving away the device hoping consumers will sign-up for subscriptions through it. Amazon is now playing an ugly game with sellers funds and holding them for no reason accept to try and boost earnings at a time when the U.S. is underwater! Where are the class action lawsuits and big mouth lawyers? Amazon only has $5 Billion in cash on hand. A huge class action lawsuit coming will almost bankrupt Amazon.com to a point where Jeff Bezos would need to borrow money from banks or issue new stock. This is a big story coming so stay tuned! Anyone owning Amazon stock should sell it very quickly!

      Sentiment: Strong Sell

 
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