And that's down over 10% from $1.48 expectations 90 days ago.
For this, new stock highs.
Basically the lower the earnings hopes get, the higher the stock goes. Bezos to replace Bernanke, world wealth problems will be solved.
This stock is such a piece of work. Hats off to the longs who have the guts to keep riding this. Without question a risky bet that has paid off. Keep at it -
AWS now worth $100B -- Cheap Huge Amount of Data Storage and Retrieval -- and AMZN know how to commoditize a market, and drive costs out. They are now doing the same with IT Spending -- watch out IBM, Accenture.
Standard Oil of the 21st Cerntury: that's what AMZN is turning into.
Any other stock would get slaughtered.....not AMZN
Try to screen a stock with AMZN's market cap, P/S, etc. and you'll find AMZN is all alone.
if bezos could print all of us would have free groceries
AMZN is rocking: up 21 off the 265 lows just last Monday. Nice rally in progress and high five!!!
Don't fight Bezos or the Bernanks. Not while they're still spending or doing control-P.