I can't invest in next year's ROTH IRA until Jan 1...Nothing makes me salivate more than a market in freefall.
What perfect timing---Don't give up selling yet folks keep it coming!
So then this is just a long winded whine that your "trade" against Amazon didn't net you a positive result and that is because of some conspiracy done by unknown people? Got it
That's funny, guess who Warren Buffet said was the best CEO in America? Yup, Jeff Bezos. You people are really something else.
Every day you all come here driveling all over this message board why Amazon is a scam, why Bezos is a #$%$ yadda yadda yadda...You'd think by now most of you would have found a better hobby but I guess some of the world is entertained by nothingness.
Let me know when Warren Buffett says you are a great CEO and then you may have a reputable point, until then keep the daily drivel flowing it is entertaining to say the least.
When you blend concepts of "death cross" with investing it is pretty clear you have no idea how to invest money. Do yourself a favor and buy a certificate of deposit, I GUARANTEE you will make more on it than you will investing.
That is nonsense. Amazon's cost of revenue has decreased YOY consistently. The cost it takes to generate more revenue is dropping. Meaning they are making more with less.
As for the people who consistently bemoan the "no profits"...Amazon makes sizable profits, Bezos chooses to reinvest those profits into his business. When one ask "are those reinvestments worth it?". You get the following conclusion, revenues growing 20%+ year over year and the cost of those revenues decreasing year over year the simple answer is absolutely worth it.
That is why Bezos says they won't recognizable profit for many years. His intent is to grow, not to pay out "profits" to shareholders. If someone doesn't like this model, he can simply choose to invest elsewhere. Hence, "Growth" company
Keep up the great work Bezos
Oh the PE, oh the Scam... It's comical as the investment in amazon is as basic as they come. Revenues increasing double digits, costs decreasing as a percent of revenue.
It's not rocket science folks. The prognosticators are like the palm readers. One here even thinks he/she can pin the thing down to the penny on "moves" and as I watch that person is wrong consistently. What value does that person have? I mean really...
But by all means keep up the guesses, because it enlightens my day with laughter
Oh and Bezos keep up the great work
So does this idiotic rant mean I won't have to read your drivel any more? Face it, you like the other know it all paper pushing swami wannabees lost again...but by all means keep throwing your money into the flames.
The endless genius will tell you why Amazon is "over-priced" and why the "PE Ratio" is ridiculous...yadda yadda yadda. It's almost become a right of passage to come here and read multiple posts (daily) from people who were sure they had it all figured out only to then lose. They BLAME it on this and that and refuses to accept personal responsibility.
It doesn't take genius to invest, nor can a genius be guaranteed success in investing. The paper pusher and the gamblers are logical losers.
Amazon reinvests its revenues. Is that a good strategy? Well, they grew revenues over 20% in the last report compared to the prior year. It doesn't take genius logic to realize a reinvestment was valuable.
So keep on prognosticating paper pushers. If nothing else it makes great fodder for the rest of us reading your daily drivel.
this should garner attention from the wall street snakes...the CEO should immediately resign. If he can't even properly calculate reserve levels the last thing he should be doing is running an insurance company!
If Amazon stopped reinvesting in their business they would make billions a quarter. But why would you stop reinvesting in your business when you are getting double digit returns on your reinvestment? Bezos is a genius
a lot of clueless paper pushers alleging they have a crystal ball of Amazon's future. I guess the Wall Street scam game of convincing people the company was blowing up with 20% YOY revenue growth didn't seem to work.
Keep up the great work Bezos and keep giving Wall Street the middle finger
Because it grew revenues 20%+ YOY. It reinvests those revenues rather than handing them to the wall street vampires. Which is why they moan and b- t/c -h endlessly about the company and create fantasy headlines about how "awful" it is doing.
You think it is easy to grow revenues 20% YOY for a 150 BILLION dollar business?
Slow and steady wins the course, they managed to get the feeble minded minions to sell the stock at 280 so they could swoop in and buy them. It's gone up ever since. And why you ask? Re-read my first paragraph...that's why
There is a reason they push paper and call it a "career" and why you grow a 180 Billion market cap business' revenues 20%+ year over year.
Thrilled with your leadership, keep up the great work Bezos!