Calling me dopey? That's a laugh. Between your obvious lack of math skills, lack of reading comprehension, lack of business knowledge, and lack of being able to construct a cohesive post, you're an embarrassment to yourself. You can't even realize how I've exposed you for the poser you are and continue to strive for self grandeur. You really need to go get help.
Buying those shares from Red Mountain logged a 12,692,000 dollar LOSS. Why would RM sell 3.8 million shares now if there is a genuine prospect of the share price reaching 18 by EOY? In that case Red Mountain would leave 18.7mm on the table. Makes no sense especially when 3.8 million shares is barely half of the first tranch sold at 9.73, reduce earnings by .05 right off the bat. Amazon seems like the only winner here.
An ambitious plan by Amazon (AMZN) to procure a fleet of 40 airline freighters and lessen its dependence on FedEx (FDX) and United Parcel Service (UPS) could lead to $440 million in savings, says Pacific Crest Securities, which raised its price target on the e-commerce leader.
“We estimate Amazon can save an average of $5.82 per shipment,” wrote Pacific Crest analyst Edward Yruma in a research note. “On an annualized basis, and assuming 40 planes, this could drive $440 million in savings,” wrote Yruma, who raised his price target on Amazon stock to 820 from 800.