Amazon added $50 billion market cap in 5 days!
In one week $50 billion!!!
Is this due to that prime day sale they are having next week???? This company can literally do no wrong....
Eventually law of large numbers will engulf amazon....if amazon runs up another 50% next year that would put a value of approximately $1.3 -$1.4 trillion!!!! I just can't see a company sustaining such a huge market cap of such great scale.....I think people are just buying stocks like amazon because of the euphoria behind the trade and the price, they feel that amazon can literally do nothing wrong...this stock is literally priced to absolute perfection, earnings out next month have to be pristine in order to keep this stock up and running, any little drawback and down it goes....