They must be running out of hype ideas if they are recycling the drone story. This is really pathetic. Just make sure no one focuses on the on lines sales numbers because the AMZN blow out quarter looks like it's blowing up.
Is priced for a block buster year. If not they will bust the stock. On line sales up 14 percent less then expected for everyone. Amazon alone needs to do better then that. Even if they account for all the increase in online sales they still come up well short of expectations. a 900 PE stock had better start pulling a rabbit out of the hat and very soon or you can see a hundred point drop before you can even mouse click your way out of the stock. Competition this year is fierce. if you go very deep discount you will hurt both your bottom and top line. On line sales might be a new thing for most stores but they are better at it this year then last.
There are longs here hoping to keep the hype up until they can unload on Monday morning.Goldman said hold until earnings not after. Their clients got the message.
put buying is a suckers bet if you own the stock just sell it. 9 times out of 10 the option expires worthless. Then you are still stuck with the dog.Brokers want you to buy an option so they can rake in more bucks and let you still be stuck with a stock he knows he can talk you into selling at anytime. Commissions a plenty. If you own it just sell it
hogsthes18ter- You are so right- no matter what the stock is the 50 is the key. It will correct at least to the 50. Every stock that is this extends has in the past. Unless you believe that this time is different you hit the nail on the head.
Goldman said hold until the earnings come out. They said nothing in public what to do after the earnings report. So by default they are telling their clients to run for the hills now. Of course nothing would be said in public since their clients need out now. Thanks for holding while Goldman gets their folks out.
So the idiots don't think on line sales are driving the stock price. Let's wee what happens in the next week when sales are flat and losses are going thru the roof. do you honestly think the world si stagnating still and letting this pig be on top of the cloud forever. Ha fools watch the purge when Christmas on line sales fall flat. Ys sure idiots hold on while the trading desks smoke you.
Cyber sales are slowing and AMZN is priced at a 900 PE. In addition the pump is based on retail and when that comes up short they will site the cloud. Problem is they are top dog there with only one place to go --------
down. some big names are coming after them and the business is barely profitable. By next year the pig will will be down big time.
AMZN to start a ground transportation business. another long money sucking operation. Loses a plenty Gives them a chance to ship more stuff at a lose under the illusion of sales=profits.
without the greatest santa of all. you know the one that sells and ships you stuff at a loss and every year increases the santa good hearted fellows list of stuff to give you of course at a loss.