It was released as a press release not for anything serious like profit. They need an announcement a day to keep this floating. Doesn't matter if it's a total bust they don't want profits anyway.
It would take a miracle to earn that back in 150 years with this company. there is no rational thought process that can get the profitable in your life time. Numbers don't make sense. Since AMZN essentially losses money on most transactions and make a pitfall amour on the others we are again left with a business model that is expanding sale and buying stuff with no hope of anything except losses. 555 PE will look good by the time of the next earnings announcement.
You have lost it. These guys aren't interested in buying anything that AMZN can earn back their purchase price. this will blow up in their faces. Bond issue perhaps
Why not it is such a cheap way to pump. Nothing matters as long as you have an announcement.
It has worked for a very long time so why stop. Once the market believes you can do no wrong doing anything is bullish.
They don't even need to sell to crash this thing. Just shut the machines down for a few days and you will soon find out HFT boys and girls have been your best friends. They don't want the blame for what is coming so no trades no liquidity no liquidity no bull market. Ha you will beg for them to come back. They got you where they want you long and trapped
When you will need to get out and they won't let you out. They always get out first. We are over half way thru the year and they will protect their profit. You/we are now conditioned to buy every dip. Big crowds small exits coming soon to your quote machine.