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Abercrombie & Fitch Co. Message Board

  • msch8864 msch8864 Oct 25, 2013 9:09 AM Flag

    AMZN just become the biggest sell in history, dwarfing JDS uniphase.

    You have to be a complete financial statement e-tard to think a stock that beats on sales and loses money is a buy. Given AMZN's trajectory, they are 3 quarters away from bankruptcy.

    This is a RETAILER. You set yourself up for a certain sales level. hen you EXCEED that, how in God's green acre can you LOSE money and be better off. This is the legacy of money printing. I predicted 4 years ago that half of US malls go under. That hasn't happened because I never imagined that the Financial community would go into full fraud mode.

    Today, financial statements are perfectly worthless.

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