Onecent

Amazon Earnings: Solid, With Better-Than-Expected Outlook

Excuse me, but, margins are still a concern.

I don't care what guidance AMZN gives, reality in the retail sector in this recession doesn't support a positive one. They sell discretionary stuff, stuff you can do without after you pay a fortune at the pump and watch your grocery bill escalate.

AMZN is plain and simple a retailer. They face the same consumer slow down as anyone else and are going to fork over more for shipping costs.

The hype that surrounds this stock is unreal.