Oh thought you were somehow pumping lol. We have all done that, its all good :-)
Hitting new lows here right now, 100 more points down to hit the SMA...
And now GOOG is coming to kill AMZN in the cloud computing arena, its going to get SUPER UGLY, SUPER FAST.
yep, 1400 PE, just check Yahoo Finance, scam of the century
And he didnt even mention Google coming to raipe AMZN cloud business as announced today...
"In your drone dreams. The price did not drop today just from lack of sales and success of competitors like Ebay. The price dropped from Bezos signalling that for a long time into the future - he will not make any profits. He needs to see thru every dark alley to fulfill his vision.
Do you want to keep investing in a company that promises to never make a profit and instead would like to try all kinds of disruptive ventures? Go to it my friend.
When interest rates rise in 2014 - skinny margin companies with no coffers in the bank for tough times will suddenly get creditors taking away the furniture. Amazon will lose it's new corporate headquarters before it's fully built. They are following in WaMu's footsteps.
Talk to a former WaMu investor. Better yet - stay long and hard on Amazon and I'll see you in the news - crying your eyes out in disbelief that such a great and strong company could never go bankrupt. It must be evil forces at work making them appear bankrupt."
Uh, that call was pretty damn close, read it again. Here were his calls:
1.)Open down - check
2.)Rally starting around 2:20 - check
3.)Close at yesterday's lows - it closed even lower!
4.)He says Wed-Fri are huge down days, with the bearish track record pretty spot on above, I would say you gotta have some big cajones to hold a toppy chart like AMZN at 1400 PE with China making threats against Japan, etc.
Seriously, show me the money? How is a 1400 PE even possible???????? We will see PE 700 then bounce, AMZN about to get cut in half, even wall st is tired of these PR games.
In the country with the most gun owners on the planet, this is going to turn into a skeet bonanza, cool. Bring on the drone target practice!
AMZN shot its wad with this publicity stunt, trying to get more people to buy it on more hype. The PE is 1400 Bozos, we want PROFITS, not hot air drones!
Or could it be 20% or even 30%? Carl Icahn said the market is going to crash, the signs of weakness are starting to show. AMZN bleeding like a stuck pig since their stupid drone story backfired, too. Not much left to lead this market, all the sheeple are in at 1400 PE on AMZN, time to pop the bubble.
Wow, had not thought of that angle about the EPS going up just because companies were buying back their own stock using all this cheap Fed Money... gonna be a crazy ride...