Seeking Alpha
  • Brian Benda
    Move in AMZN seems excessive at $220.
    4/26/12
    Reply (22)
    • apspice: i will never understand the valuation for that stock. $220 for $1.37 annual EPS LOL. if AAPL had that P/E it would be close to $8000/share
      4/26/12
    • apspice: How could AMZN possibly put revenue to work to justify a 200 P/E ratio? Stupid.
      4/26/12
    • Brian Benda: Only thing I can figure is massive short covering in after-hours. Stock is now north of $221, and I cannot for the life of me fathom why.
      4/26/12
    • TruffelPig: Ridiculous.
      4/26/12
    • OneLongTrade: Even if their revenue and customer base is growing, they will NEVER be able to expand margins to the extent needed to capture substantial
      4/26/12
    • OneLongTrade: profits without risking losing a significant amount of customers. The P/E is ridiculous and it now joins CRM, LNKD, etc. as stocks where
      4/26/12
    • OneLongTrade: fundamentals just don't matter at all.
      4/26/12
    • Brian Benda: Momentum has been dying in this after-hours move since the stock crossed up above $218. Should moderate from this range.
      4/26/12
    • apspice: come on Brian! line up for that $0.28 qtr EPS LOL. shows absurd this market can be. and i like the company itself, HATE the stock
      4/26/12
    • Brian Benda: Unbelievable, now $222. Who seriously believes AMZN is a good buy at this price?
      4/26/12
    • TruffelPig: Not me - their margins are compressing. The shipping in a box is very expensive for many items really.
      4/26/12
    • apspice: not to mention all the macro problems retailers are facing in this economy, just ridiculous valuation on a good co. IMO
      4/26/12
    • Brian Benda: Agree, love the company, but stock is absolute joke in this range. As AMZN continues to go up here, I keep asking myself what I'm missing. ?
      4/26/12
    • apspice: its because nobody invests in these companies, they just trade the ranges. you aren't missing a thing, it trades on momo, purely
      4/26/12
    • BadCop_NoDonuts: buying puts first seconds of trading tomorrow
      4/26/12
    • Josh Krause: Excluding one time benefits to EPS, they beat by a whopping $0.02. Congrats to the longs but this is positively silly. CRM level silly.
      4/26/12
    • Maria Auziliadora: Please I don't see nothing good about this company!!!
      4/26/12
    • Maria Auziliadora: WDC reported awesome and it is down!!!
      4/26/12
    • Maria Auziliadora: and their PE is 14
      4/26/12
    • Maria Auziliadora: SBUX also down
      4/26/12
    • Maria Auziliadora: OUTR reported great also down!!! Crazy market
      4/26/12
    • Josh Krause: OUTR had a massive run up on the preannouncement. Still above where they were yesterday.
      4/26/12
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