• SharkETF
    $AMZN $109B estimated sales 2013, market cap $133B. No margins, PS over 1. Unreal. Target price $200 short term.
    8/13/13
    Reply (7)
    • Gene Chan, CFA: Estimated sales 2013 is $74B actually.
      8/13/13
    • SharkETF: You are correct. It makes the valuation even more absurd. I took the data from google finance and the numbers were wrong there.
      8/13/13
    • SharkETF: Sell your amazon and buy tesla. I can't call it.
      8/13/13
    • ReligiousWacko: and estimated sales are repeatedly revised downwards. I guess sales might improve with that high margin grocery business ...
      8/13/13
    • markrpat: sold my $AMZN puts yesterday for nice profit. Back in today after runup. Been trying to post intraday to share, but SA locking up.
      8/13/13
    • Bret Kenwell: Sell $AMZN because of overvaluation, and buy $TSLA? I must be missing the online sarcasm there...shorting some of these names based on
      8/16/13
    • Bret Kenwell: extreme overvaluation is near suicidal. There's a certain momentum to them that makes it almost impossible, and that has been shown.
      8/16/13