AMZN Earnings Play

Quote from hajimow:

Even at $60, I believe it is overpriced. I did not want to predict the extreme. Remember less than a year ago it was at $35.

less then year ago it was earning 5 c and 6 cents now its earning 20 cents... it will never go $35 unless US goes into recession...
 
Quote from hajimow:

Even at $60, I believe it is overpriced. I did not want to predict the extreme. Remember less than a year ago it was at $35.

Man, I remember having this at $10 4 years+ ago. Too bad YHOO, MSFT, SUNW, etc. never went back to sick 1999-2000 levels. People who held AMZN through that time got so lucky that it even made it back to $100
 
This is a great company - the whisper #'s are nuts.. next quarter it will run up again....and we get to do it all over again..LOL:cool:
 
Quote from hajimow:

Even at $60, I believe it is overpriced. I did not want to predict the extreme. Remember less than a year ago it was at $35.

I meant 60-70 if all other stocks continue to rise ... now imagine china blows up ... and the US goes into a rescission ... amzn will be a 10$ stock
 
I Remember looking at AAPL at 8 bucks.. I said to my friend lets buy 1000 shares then i said image this goes to 100 and we are joking about buying it... Yeah its more like when to 400 bucks!! this market is very difficult.. we were down 370 on friday
 
Quote from FAST.AM:

I Remember looking at AAPL at 8 bucks.. I said to my friend lets buy 1000 shares then i said image this goes to 100 and we are joking about buying it... Yeah its more like when to 400 bucks!! this market is very difficult.. we were down 370 on friday

Ya on monday people were wondering if the market was going to crash... and then come wednesday people run RIMM up 15 points... i mean that's just crazy. I really need to dump BAC because I don't think the fed is gonna cut either
 
if the fed dont cut we go back to 12700 for sure.. im not going to be heavy going into the fed.. i think the fed will cut they keep say the will not let the country go into recession//.. but i dont believe them
 
American's have become lazy ... everyone wants to not work and earn money ... the fed along with it's owners would be happy to see America in a rescission ... a little bit of suffering and hunger might give the average American a little poke in the butt ... also American's would withdraw their foreign investments and bring them back to the states hoping to buy everything at the lows
 
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