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.
LOL. Look at the morons reversing this wreck right on cue this morning and on the back of the falling consumer sentiment. Rigged at 36 waiting for the Fed jews to send out the bank welfare checks for the weekend. Its just like 2000 when they started piling in into US Steel as it was looking at bankruptcy. I'm continually amazed about the stupidity of this mafia and the politicians that serve them .