Investors are running away, EPS is not quite factored into the price yet. It is getting there but I suspect 20 - 30 points before this is over. Maybe with a PE of 30 - 40. Also the PE is going down as Alitrip takes market share.
Stock is broken and going down hard on big volume.
They need the help. They have to increase production dramatically. Like 5 - 10 drive units per car. replace every 5 to10k miles
Some of them are starting to distance themselves from this stock. The political "don't want to be caught in a turndown" may be influencing them. Cramer says your on your own if you buy tesla or some of the other bubble stocks
I think the odds of Warren Buffet buying are as remote as jmcvicker getting to mars in the next 20 years. Musk probably will get there ....far too likely a comparison.
So why do you think its going to continue the slide? year end rebalancing, market getting tired of the story? something other for a catalyst?
Apparently the problems still exist. 1000 car recall in Norway for warranty repairs and the story this time is the coupling was the problem because they were installed without grease. I had to bring any engineering principles into the fray but it sounds like this problem will reappear in a few years once the "grease" drys up. What happened to the simple cable problem they said was the issue after the forth unit went into the Edmonds review car?
what makes you say that? What is the upside catalyst or just a melt up scenario ? Like to know why you think that?
Agreed. So far it is at 98 million in world wide sales and it has just begun. Remember how to train your dragon? Now sitting at 618 million in world wide sales after 24 weeks.
I bought puts so one of us will loose unless it stay exactly where it is, rhen it is likely we both loose. I have lost more on this bet than I have taken in so far, so like you I am hoping to recover my cash.
How about a 10$ drop for a few days so I can cash out, the a rally into the middle of the month for you
Seriously I think since it is dowm on the year, window dressing for year end will keep it down for the next few weeks
true but Bezos just explained they are not about to turn the switch. (even if it were that easy)
To believe in the stock requires more than what you have stated. I have trouble understanding the valuation
congrats to walmart and the multitude of large seller who achieved the 25% yoy growth
wonder how amazon did? gosh if the yoy average is 16% and the large brick and mortor retailers did 25%, amazon must be below 16% to bring the average down?????
I think Amazon goes down regardless of how they did on Monday. Just like they are down for the year.
Investors are walking away. There is tremendous potential, so I would watch for an entry point just before year end. By then the window dressing will be done and the same bunch will be looking to get back in early in the hew year. Patience
For now I am long puts. After the recent drop they are in the money and at this rate I expect to be out in a week or two.
I agree- well done, the company management should do exactly what Bezos does with respect to investor relations. Focus on the business and communicate it well. The let the share price fall where it may. It is helpful to have a high stock price and easy access to capital. As the price declines it will be interesting to see if bezo's will make a profit decision. For now he doesn't have to but investors are walking away, not running just walking
or down because
1- it is down for the year so window dressing will put selling pressure on until year end
2- The PE is too high. The company valuation is under adjustment as the stock price continues it year long slide.
3- Competition - wallmart and all the others trying to catch up
Wait until late Jan to buy and look for that updraft after the window dressing is done