As of 6 p.m. ET (Monday), sales on Amazon were up 44.3% over last year, while sales at eBay were up 32.1%, according to ChannelAdvisor.
Industry Overall - online sales were up 21.4 percent on "Cyber Monday," according to IBM Digital Analytics Benchmark
Analyst Estimated Revenue Growth of 22% for this quarter is looking very conservative.
Trailing 12 month Free Cash Flow is $1.5B - and issuing debt at lower then your cost of capital makes economic sense. They are still Net Debt FREE ! They should issue another $5B in Debt next year - their capital structure is too conservative.
Annual Free Cash Flow
2003. $349 Million
Over $12 BILLION
Read the financial statements - it is all there - $1.5B in Free Cash flow in the last 12 months alone. Net Debt Free - they can afford to spend on cutting edge technology.
people have short memories -- Amazon made over $10 B in profits in the last decade ... yes, they have ramped spending the last 2 years - new categories, new geographies, new services...
Bezos does it again -- it is Cyber Monday - and Amazon is the Lead Story on TV, Radio and Newspapers !! you can't buy Advertising like that.... oh, time to look at the deals on Amazon. Happy Shopping.
Yes, plus I know he has been blind to the economic recovery taking place in the US for the past 2+ years. Not to mention under performing the market, by shorting AMZN by over 70%. He seems to be increasing his postings, and is appearing more desperate with each post - lunatic behavior. Naive retail investors usually continue to double down of poor decisions versus cutting their losses. Admitting your mistakes is one of the toughest investment decisions to make. If gold were to rise above $1500 I will cut my losses and move on.
Gold, set for its first annual loss in 13 years, is a “slam dunk” sell for next year because the U.S. economy will extend its recovery" Goldman Sachs Group Inc.’s Jeffrey Currie said in October 2013
"I will say this about gold. If you took all the gold in the world, it would roughly make a cube of 67 feet. Now for that same cube of gold, it would be worth at today's market prices about $7 trillion that's probably about a third of the value of all the stocks in the United States For $7 trillion you could have all the farmland in the United States, you could have about seven Exxon Mobiles (XOM) and you could have a trillion dollars of walking-around money And if you offered me the choice of looking at some 67 foot cube of gold and looking at it all day, and you know me touching it and fondling it occasional y, Call me crazy, but I will take the farmland and the Exxon Mobile !! "
Even during the market meltdown of March 2009 -- Gold only managed to hit about $900 an ounce
The commodity bubble burst in Feb 2011 -- and prices could fall 80% from their peak (the falling Australian and Canadian $$ are signalling that).
Gold could see a return to the $400's
There is huge amount of speculation in Gold and Oil -- with margin requirements that are unbelievably low - and need to be regulated much higher.
stay Long Stocks in this low inflation, low interest rate environment and you will do well.
Global rates will stay low for years to come -- P/Es will continue to Expand.