AMZN



Amazon spends while other retailers retreat
Amazon has been eating retail competitors' lunch for a while. Now it's after their breakfast, dinner and weekly groceries too with its planned $13.7 billion acquisition of Whole Foods. The e-commerce giant, already the largest retail advertiser in the U.S., is cranking up its spending even more as it strives to harness all of consumerism and to lead in new categories such as grocery and fashion.(Ad Age)
 
AMZN should do a 50 to 1 split.
Make the shares $20.
It would be $1500 ($25) in no time.
I know nothing changes technically, but parents would be buying for their kids, people with small accounts will see it as "cheap" lol, etc. Its all psychological anyway... and PE is obviously not an issue... fundamentals mean absolutely nothing.
I bet it would pop $50/share just on the news.
Send Bezos a note. Maybe Elon should do this too.
I wrote this 5 years ago, almost to the day when AMZN was $1000.
Elon was smart, he jumped on it early.
:cool:
 
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