Anyone know if Amazon is accepting Bitcoin in October? Any news on this? Ideas?
Will close below 960$ today- 957$ I would say.
I am buying tomorrow.
AMZN really isn't making any money and it keeps getting involved with more and more zero margin adventures. soon and I do mean soon they will be coming out with an awful earnings or should say losing report. Even their AWS is starting to feel the pinch- they are going up against some heavy weights in the field. Margins are contracting in the cloud- grow is slowing- e-commerce basically is break even- costs re going up--bye bye time-sell sell sell
Love the company. Thinking of buying some more shares. I was thinking only like 6000 but idk if it's really worth it. So I'll probably get more like a couple of grand. I'll see how the price does Monday and decide Tuesday .
recession has been over, people make money more than recession, SO people's mood better than recession too, SO people go out more than recession, SO people shopping local stores more than recession too, good mood shopping local stores, bad mood shopping on line, because bad mood walking too tired, bad mood like shopping on LINE. bad mood doesn't like go out, because long face to people isn't good, but today is different, good mood more than bad mood, bad mood make Amazon sales strong growth, SO good mood sure be make Amazon sales decline, SO Amazon stock price fall to $200.per share, because economic sure be continue growth, people's good mood sure be following it.
BS artis bezos fooled wall st fat cats & others, their ecommerce has been loosing cash or razor thin margins and aws is a small fraction of revenues, why such high valuation? jack ma is starting to eat his lunch and this will only be more so in the quarter ahead, also rotation has clearly begun, faster hose to bet now!
I love to watch bubbles pop, Today is the first day of Fall. Get ready for the GREAT FALL in the FALL
We signed up for Prime several months ago. Instead of charging us the annual rate Amazon was billing us monthly. Finally my husband called to straighten it out or so we thought. Instead of stopping the monthly billing until Nov of 2018 as they said, they charged us the approximately $106 annual fee. Called back and they supposedly fixed it again crediting his account only to find out this month that we were again charged another $106 annual fee. I'd like to quit and be done with them but my husband will wait to see if this is finally fixed. Can't they get their billing right? How many customers will walk which will decrease earnings and affect their stock price.
PE is now 245. I think AMZN is one earnings miss away from a 300-400 point drop.
#AMZN #BABA Alibaba is in striking distance of dethroning Amazon.com Inc as the largest eCommerce company.
Alibaba Group Holding Ltd Stock: With 100% Rally, Is BABA Dethroning Amazon.com Inc?
Alibaba Group Holding Ltd (NYSE:BABA) stock has outperformed Amazon.com Inc stock. Analysts remain bullish on both. Alibaba's revenues and profits have grown.
You say they have been doing this no profit business thing for years and the stock kept going up- ya--BUT- they have never reached this level of absurdity 900 plus and a PE of 250 with debt added upon debt. A no margin business plan is OK if you have little or no debt - profits heading in the right direction- no competition- reasonable PE snd stock price-- none of this describes AMZN- there best line right now is the cloud but growth is slowing in the cloud- profits are shrinking- competitors are coming from some very big deep pocket players- the tax man is at the door-- Europe is breathing down their necks.- this looks like a dot com stock of old. Nothing they are getting involved with has any hope of bailing them out. the big house of cards just gets bigger over the years - the fall will be spectacular. So take heart in the stock price but you should instead prepare for a heart failure - this thing is the worse stock on the board. Get your nitro pills ready- your are about to relive the year 2000. Who needs a time machine AMZN has taken you back to the year 2000
Seems like the daily pumps are becoming more ridiculous - this is a 900 dollar stock with a PE of 250 in a low margin or no margin e- commerce business with a cloud presence that is attracting some very big competition. I see nothing anywhere that will address profits--The whole foods thing is a whole joke- another no margin business they pay for with debt. The possibility of buying Kohls is even more stupid and trying to get into the pharmacy business is a competition night mere. The thing seems to acquire a new nonsense line every day with zero regard to debt. the warehouse expansion only means they can sell more stuff for no profit but the addition of additional debt. the whole thing is a house of cards --a hundred point drop in one day is coming with the ultimate stopping point of 95 bucks over 2 years. The thing is one giant house of cards.
This stock has been a disaster lately, a total bloodbath. I wonder where the bottom is; has no lift whatsoever, no positive news to reverse the meltdown. Will there be more of the same on Monday?
Since 2:30 yesterday AMZN has traded within a $10 range and, after 4 down days it looks like it is about to turn back up. The Stochastic is at 20 and looks like it is about to turn up even though the EMA is still above 50 and headed down. If we don't go any lower this will be the third higher low and indicate that the uptrend has been re-established. Of course AMZN is famous for ignoring technical analysis so it is still a #$%$ shoot.
The beast is melting right before the long's eyes. Stay strong as long as you can the big boys need to get out. the thing will start falling in 20 point chucks- might stop at 500 for a breather.
I'm glad I sold my shares. Others I would be in deep water by now.