At what point will AMZN be considered a mature company and people look for it to make a profit? Look out below when they do!!! You can bet the Wall Street pumpers will be long gone and Joe and Jane 401k bag holders will be wondering how will they ever retire!
Netflix grows because it has a low monthly price and a lot of licensed content. However, it really doesn't have a plan to make a decent profit. It doesn't own it's own servers (Amazon does the hosting), has very little of its own content so most of what it has can be picked up by anyone else, and has nothing proprietary. So how is such a lofty PE justified for Netflix?
I'm guessing that the hedge funds will start easing off GOOG in the spring 2014, with the offloading happing in the summer and fall with the bubble popping in the fall of 2014.
Haven't we seen this before?
You mean Google will plummet to $15.00 when users get sick of intrusive ads and advertisers realize that the ads aren't working.
I do beat that. I watch youtube but only via an app that strips the advertising. No need to pay Google for annoying ads on stolen content.
And Samsung is innovative by copying Apple? Oh wait, there is the Galaxy 4 which has a faster processor and higher resolution camera than the 3. Now there is real innovation when you don't have someone to copy!