Sounds pretty simple, and it is. We're headed for another all-time high.
Sentiment: Strong Buy
If you read my article, or just bring it up, I'll get a penny! I think Amazon is different, and what isn't measured are things like the fact that Amazon is the most trusted, beloved company in America. That is worth something, and I believe JB has a handle on it.
Here's an article I wrote where I address the metric trends:
http://seekingalpha.com/article/1215181-amazon-and-the-changing-face-of-retail
I like to buy at 15-20% off the all time high, around 230 - 240. If it doesn't go down there, you didn't lose anything. If it does, you'll make a nice profit when it sets another all time high, which it always does. Just my opinion, and I'm a dumb hillbilly.
I get an error when I try to post a message
Ok, suppose it hits another all time high, 285. You jump in and short. It will likely go down, but not a whole lot, so maybe you can cover at 270, and wow, you've made $15. But, suppose it goes up, 300, 350, 400. You're risking an unlimited amount of money for a chance to make maybe 15 or 20 per share. Why would a rational person do that?
I sold some at 260 a few months ago, I was set to sell more at 290, but it hit 284 and dropped down. I'll sell at 290, and/or buy at 230. I've read the articles on seeking alpha. I started an article myself talking about "slowing growth". Growth has to slow, in about 1999 amazon's revenue grew 800%. Had that rate of growth continued through 2012, they would have sold over a trillion dollars to every person on earth! AMZN could correct, perhaps below $200. What a buying opportunity that would be!
You've been saying that for how long now? Personally, I think JB knows the cash position and has everything under control. He always has in the past, why should he start screwing up now that he's 49? Anyway, good luck to you!
The dumb shorts don't understand AMZN, and they accuse everyone from the market makers, stock brokers, to the SEC of corruption. It's quite amusing.
I don't know much about nflx, but I have amazon prime and I watch movies and tv shows, they just keep adding free content. It's great, and only $79 / year.
I've had problems posting, but I don't think it's censorship. I don't think Yahoo has enough employees to censor, I think it's bugs in their system.
It means Microsoft hasn't done squat in 5 years, and there's no reason to believe they're going to do anything going forward. They made their mark by being a monopoly and avoiding prosecution. I'm so old I can remember when there were a dozen companies that had word processors that ran on PCs. Microsoft destroyed then (by giving MS word away). They can't compete, they've been trying to expand into something else and have failed every time.
Make a 5 year chart of AMZN vs MSFT. MSFT is up about 5%, AMZN is up 200%. Enough said.
And when it bounces, that's the time to sell! Then, when it drops 10% below the all time high, that's the time to buy! It's too easy.
Who wants to be the first guy to pay $300 for AMZN? I like buying stocks cheap! Wait, I almost forgot, shorts will have to pay whatever the "ask" price is. God bless the shorts!
What places are those? I doubled my money in AMZN in 2012, and I'm up again in 2013.
You're new here, aren't you? AMZN isn't like other stocks.
Even if earnings are less than .09 / share, the stock won't drop much. If they blow away earnings, say 12 cents or so, look for a $15 bounce. What a stock! What a country!
No, earnings don't matter. Earnings are at best an imaginary number, created to provide a more accurate picture of a company's financial activity than cash flow alone. But, investors and analysts focus on earnings, which is where they go wrong. What's important is cash flow.