can not target a top for a compnay that isn't held to a profit model multiple. That's the lesson with AMZN.
not bad for a large cap: up 40 % from 3 month lows. Showing negative earings has, ironically, been the one of the biggest buffers I've ever seen for AMZN as along it gets sales capture. Why mess with a strategy that WS rewards? And I'm serious.
bitcoin may be the one thing going more parabolic than AMZN stock right now. Perhaps showing a connection there: Flight to speculation parabolic moves now
" thought you said going to 420? "
still making higher highs in parabolic mode: $390 this AM as the bitcoin reaches parody with an ounce of gold. Markets are going Weimar.
More power to them as though earning don't matter at all and havn't for years since they dwindled from the $2.52 record annual peak earnings 3 years ago, AMZN now has a multiple to peak earnings ever of over 160. That's on peak earnings. Even it it supercedes those peak earings which an investor should hope it should, it could quadruple those earnings to around $10/shr for a 4 qtr basis, and have a almost a 39 multiple on yesterday's close. That's mind boggling: so AMZN trades at 39 times the quadrupling of all time peak earnings at the present time. When is gonna make this $10 jump let alone get back to the peak $2.52 and the 160 multiple. GETING BACK TO A !60 MULIPLE. That's why metrics like eyeballs were invented because the others don't make sense. Parabolic moves have a way of doing that.
"hey have capitalized $5 billion since end of 2011. What expansion expenses are running thru P&L? "
this is a very true point rarely or ever brought up in the media: Just because AMZN is spending doesn't mean it shouldn't be reporting profit numbers as many of the spending in distribution centers for instance are Capitalzied costs, yet their operational costs suffer and they aren't getting the scale to the bottom line. It's not all spending but alof of it become balance sheet items that get depreciated or amortzied over time. Analysts aren't in the game to go against the herd. They want to keep their jobs.
"One thing is, All those Co's above made money in their Quarter and last quarter"
AMZN stock is consistant in that, since it peaked at $2.52 in 4 qtr earnings and earnings dwindlled to 0 or negative, the stock price went into parabolic mode: the less the earnings, the greater the up move reaction has been, lately entering parabolic mode.
"SPY up 1.5% AMZN (Amazing) is up 6.
That''s a beta of 4.0
especially when you add that it's a mega market cap that has a multiple of almost infinity while the S&P is somewhat expensive at about 19. Usually it's the smaller speculative market caps stuff that gets that kind of beta: AMZN still possess it over $170 billion in cap. You're right, it's amazing in alot of ways.
if you look at a stock like AAPL, it's PE was tighter as it went higher, with AMZN, as it's earnings disappeared from the last cycle, it jumped the shark and went parabolic in stock price. Very rare type stuff. Usually have some earnings to show for that action: That means the buyers are buying into all spending inituatives,capitalized or not so far. Low float is a powerful tool: Bezos does use that tactic well.
"Why are you quoting my post? I am saying the same thing, if this thing crashes huge, people are guilty of buying a company with no earnings not Bezos."
b/c I though you were part of the posts here yelling Bezos collusion and should be in jail. I argue that it's not him making other buy a stock that like you say, is earning model challenged near $400, that's all. Then, I agree with you, though it's impossible to know what/and what price the parabolic ends. I say the QE makes it hard for it to end as there is where I see a connction in this speculative behavior and how big the Fed is blowing out the balance. Almost of direct connection to the wealth effect, especially for Jeff Bezos.
Well, I'd probably be questioning if my money in those funds will be safe in there was something to it. It's more a question for the funds, then Bezos, as they make the decision to buy while he sell and locks in. So far so good for all of them. There's no proof of any collusion just conjecture of it here.
"Cooking revenue? They sure don't make any profits and people who buy a company that consistently doesn't make money know what they are doing...."
doesn't make Bezos guilty of anything. Stop the nuttiness there. Makes him maybe the most fortunate man in America, maybe, but not guilty of any conspiracy that can be proven. He certainly has benefits Sam Walton never had in not proving profits to become worth about $50 billion and counting.
I think there's certainly a special connection b/t the Fed's QE policies and the behavior of AMZN stock like no other. No one , directly or indirectly, has benefitted more than Jeff Bezos since 2008.
how? he shows sales gains that don't get monetized to the bottom line with guerrilla sales tactics. What's the proof of cooking the books with that? Listen I think the stock price has some very special backing for some reason by there's proof of cooking any books at all. He shows sales gains at the cost to the bottom line, and the market keeps buying it : hook, line, and sinker. More the question is to what AMerican Funds or whoever is thinking when they own something in massive amounts that has alof ot equity to catch up to some where ahead. Bezos to me, is riding the wave of massive support for his stock. He locks in to these prices by selling 2 million shares into 2 straight negative reporting periods while the stock goes up 100 points. The real question is where the massive support for that comes from and why when a stock like AAPL makes over $50 /shr to the bottom line and crack somewhat while this kept going up in a straight line on sales gains. Probably somewhat to do with that Bezos owns so of it and doesn't split the shares. I just don't see whee he's guilty of doing anything illegal like an Enron though somebody could explain what they mean by him doing anything that way. I'd be interested to hear what you all are talking about.
"Don't you think ! I see Bezos behind bars!"
why? he's not forcing anyone to buy into a parabolic reaction to two straight qtrs of negative earnings or $1.9 billion cumulative retained equity over 17 years of being public. That doesn't make his a criminal at all. In fact more power to him as he gets to sell some his massive stock holding at huge prices and locking into some of the most historical values ever seen. Those buying it while he does that should be so lucky as he is. Incredible support for this stock that isn't seen in too many other stocks around it. Maybe he's somewhat lucky to have that condition but by no means does that make his a criminal.
now $1043 on MGOX, hand and hand with AMZN in the flight into everything that is going up. In fact , in Bitcoins, is about the only thing where you could buy more shares of AMZN in , then in August, 2013. Certainly not in dollars.
and NYSE margin debt is breaking records by the month now. Goes hand and hand with AMZN going up over $100/shr while it reported two qtr's in a row of negative earnings. If I'm Bezos, never show any earnings until the market makes him, if he gets such strong up reactions on not only no making pennies, but now losing them. The stock went into parabolic mode on the last two qtrs of those earningless qtrs lol!
They had him at $32 billion : just on shares he still has at 85 million he's over that number. He must be getting near $50 billion net worth now. That is just stunning.