• Paulo Santos
    AMZN's 2012 whole year earnings estimate has finally declined below zero, and now stands at -$0.01.
    11/7/12
    Reply (6)
    • Paulo Santos: This means AMZN bulls no longer have to worry about AMZN's 2012 P/E. It hasn't got one, because it got no earnings.
      11/7/12
    • Ashraf Eassa: It's a momentum stock...fundamentals mean nothing as long as there's a good "story" to keep people onboard.
      11/7/12
    • Paulo Santos: Generally, momentum stocks also have earnings momentum (with rare exceptions, including bubbles but no $100 billion earningless companies)
      11/7/12
    • Paulo Santos: And anyway, AMZN hasn't got that much momentum either, it's where it was 1 year ago, more or less.
      11/7/12
    • 1980XLS-2.0: AAPL was a momentum stock too!
      11/7/12
    • Ong Kang Wei: It's a bubble waiting to burst
      11/8/12