David White AMZN: Missed badly on EPS (-$0.60/share), but we all know the HFT/momentum traders love revenues (+27%). Still FCF was -31% vs Q3 2011.
10/26/12
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David White: So far it looks like the HFT/momentum people are in control. One can only watch from the sidelines. This is still a short after bad earnings
10/26/12
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David White: But you want to get in after HFT/momentum traders have run it up. WMT recently announced it intends to compete directly with AMZN. WMT is
10/26/12
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David White: bound to cut into AMZN margins eventually. Can't be good, especially after ugly EPS results.