• Paulo Santos
    I just noticed that AMZN's 2012 estimates were cut further in this last week - they're just $0.77 now, cut from $0.87 the week before.
    8/16/12
    Reply (8)
    • Paulo Santos: This puts the 2012 P/E at 313 given today's share price.
      8/16/12
    • Andrew W. Dai: Paulo, I don't understand, either. But we have let the rally to run through.
      8/16/12
    • Paulo Santos: Sure, the market's quite hot as well and that helps it. Still,. it's amazing thinking that for AMZN to trade at a very high 60 P/E ...
      8/16/12
    • Paulo Santos: ... it would have to trade at 20% of today's quote, or around $48.
      8/16/12
    • J. A. Saglimbeni: Volume and charts currently do not lie, AMZN wants to continue to move up.....
      8/16/12
    • robgra: Maybe this http://bit.ly/S8r9yp has something to do with the sudden revision?
      8/18/12
    • Paulo Santos: No, too little, it's simply analysts revising estimates downwards, which is what they regularly do with AMZN.
      8/18/12
    • Paulo Santos: AMZN's 2012 estimates have come down from $5.50 to $0.77 in the last 2 years.
      8/18/12