Amazon's Smoke And Mirrors Are Fading [View article]
The real smoke and mirrors (what I wish was known and revealed) is what exactly is going on to keep this stock price propped up at an enormous valuation NO MATTER what the company's performance is.
Is it some cronism on Wall Street to keep the stock elevated using computer trading while Bezos and his buddies contiually milk millions out of the company for their own gain? (last insider transactions check left the CFO dumpiing stock and only holding 60k shares).
The stock fails to correct, only moves higher in light of massive negatives.
Amazon.com's Investment In Fulfillment Can't Be Much Slower [View article]
Not to mention increasing price competition from other large retailers such as Walmart, Target, Lowes, and many many more. I just purchased a Christmas gift from Lowes and they matched AMZN's price. Not only do I get to pick up the item immediately, I have hands on customer service that guarantees an immediate resolution whether it be a return and/or replace a defective product. AMZN cannot offer this. Everything must be repackaged and returned via mail or these lockers. Again, the consumer must wait for satisfaction if there is an issue with a purchase. At some point I believe consumers will once again prefer the overall process of buying in person.
All of AMZN's revenue streams are being challenged by competition with BIG pockets. The likes of Google, Apple, Microsoft, etc.
Paulos, I appreciate all that you take the time to research and write. Please keep up the good work.
Pac Crest's Chad Bartley is taking a hammer to his Kindle Fire estimates after supply chain checks indicate poor demand: his Q4 sales forecast has been lowered to 6M from 8M, and his 2013 forecast to 10.5M from 12.5M. For reference, IDC expects 172.4M tablet shipments in 2013. A silver lining: since the Fire line is sold at a loss, Bartley's 2013 Amazon (AMZN +3.1%) EPS forecast has risen by $0.10 to $2.70. Reviews (I, II) for the latest Fire models were lukewarm. Is the iPad Mini hurting sales? [View news story]
I find it ironic that AMZN isn't making money, but it's CEO sure is! I noticed the CFO only holds approximately 60k shares left.
Bartley was correct when AMZN was 220 calling it fully valued, now he is MORE correct. This stock is heavily gamed and fundamentals have nothing to do with any of the trading up to this point in time. Most of us know that soon or later fundamentals always matter but for AMZN that day is nowhere near. The P&F chart indicates a triple top breakout with a 344 price objective. Pigs do fly..
Pac Crest's Chad Bartley is taking a hammer to his Kindle Fire estimates after supply chain checks indicate poor demand: his Q4 sales forecast has been lowered to 6M from 8M, and his 2013 forecast to 10.5M from 12.5M. For reference, IDC expects 172.4M tablet shipments in 2013. A silver lining: since the Fire line is sold at a loss, Bartley's 2013 Amazon (AMZN +3.1%) EPS forecast has risen by $0.10 to $2.70. Reviews (I, II) for the latest Fire models were lukewarm. Is the iPad Mini hurting sales? [View news story]
The problem is, the EPS on AMZN are NOT improving without their taking as much of a loss on their Kindle. This being said, AMZN lowered the price on Kindle Fire this holiday season, so their losses will be "larger" hence offseting income.
None of this matters though. Not earnings, not lack of transperacy from the CEO/CFO, not P/E, not nothing! This stock just goes higher and higher NO MATTER what.
What Is Amazon Web Services Really Worth? [View article]
I believe they are looking to buy some smartphone company and/or entry into smartphone market.
Check out this article about AMZN funneling billions of dollars through Luxemborg to avoid US and European taxes.
Reuters report finds Amazon created billion-dollar tax shield
Imagine if they actually paid taxes, they would be deep in the red. But part of me thinks they want that so noone CAN SEE how outrageous the trailing P/E is!!!!
Amazon Already Has Optimism Priced In, It's Fundamentally Overpriced [View article]
Cronyism. Bezos has buddies on Wall Street. He worked there himself. He KNOWS exactly and precisely how to accomplish this "phenomenon". But I sense and firmly believe that there are underhanded activities at work here. Not saying illegal, but some kind of combined effort between those that know the "system's" ins and out to the enth degree to keep this stock afloat while they amass billions for themselves. When will this charade end and who is in on it? I don't know, but...
What I do know is this: Reuters reported this yesterday: "Reuters report finds Amazon created billion-dollar tax shield" See link for the entire article.
After reading this article, I am not surprised at all at AMZN's underhanded activity. It confirms my sixth sense that additional questionable activities are at work, barely legal ones.
If AMZN paid the taxes that they are avoiding, then where would their numbers be?
I'd like to crunch those numbers if I knew how much tax they were avoiding by running billions through Luxemborg.
What Is Amazon Web Services Really Worth? [View article]
AMZN is selling bonds to raise cash. I ask myself why. What are the possibilities that they need so much more cash. I can only think acquisition, and a large one.
UPS (UPS -0.4%) releases its shipping rates for 2013 with an increase of 4.5% in all UPS Air services and a 4.9% hike for UPS Ground services on tap. One of the first questions traders will ask is if Amazon (AMZN +2%) will take the hit to margins or find a way to pass on the additional costs. [View news story]
FedEx and will never merge. USPS uses Amtrak to move alot of it's mail freight as well.
That pretty much sums it up. Let me make it a bit simpler. Amazon is selling more stuff and losing money doing it.
Pretty smart business model. (I am being facetious here.)
The smarter business model is the one in which Bezos has been able to convince Wall Street to invest billions of dollars in a 300 p/e stock when the company can't make money after 15 years of operations. To convince investors that buying and holding very expensive stock in a company losing money is the stuff of genius I guess...or somewhat psychopathic!
Amazon's Smoke And Mirrors Are Fading [View article]
Is it some cronism on Wall Street to keep the stock elevated using computer trading while Bezos and his buddies contiually milk millions out of the company for their own gain? (last insider transactions check left the CFO dumpiing stock and only holding 60k shares).
The stock fails to correct, only moves higher in light of massive negatives.
I wish I knew how this was being accomplished.
Amazon.com's Investment In Fulfillment Can't Be Much Slower [View article]
All of AMZN's revenue streams are being challenged by competition with BIG pockets. The likes of Google, Apple, Microsoft, etc.
Paulos, I appreciate all that you take the time to research and write. Please keep up the good work.
Pac Crest's Chad Bartley is taking a hammer to his Kindle Fire estimates after supply chain checks indicate poor demand: his Q4 sales forecast has been lowered to 6M from 8M, and his 2013 forecast to 10.5M from 12.5M. For reference, IDC expects 172.4M tablet shipments in 2013. A silver lining: since the Fire line is sold at a loss, Bartley's 2013 Amazon (AMZN +3.1%) EPS forecast has risen by $0.10 to $2.70. Reviews (I, II) for the latest Fire models were lukewarm. Is the iPad Mini hurting sales? [View news story]
Amazon's Jeff Bezos: Did He Really Deserve To Be Fortune's Business Person Of 2012? [View article]
Short Interest Observations [View article]
Pac Crest's Chad Bartley is taking a hammer to his Kindle Fire estimates after supply chain checks indicate poor demand: his Q4 sales forecast has been lowered to 6M from 8M, and his 2013 forecast to 10.5M from 12.5M. For reference, IDC expects 172.4M tablet shipments in 2013. A silver lining: since the Fire line is sold at a loss, Bartley's 2013 Amazon (AMZN +3.1%) EPS forecast has risen by $0.10 to $2.70. Reviews (I, II) for the latest Fire models were lukewarm. Is the iPad Mini hurting sales? [View news story]
None of this matters though. Not earnings, not lack of transperacy from the CEO/CFO, not P/E, not nothing! This stock just goes higher and higher NO MATTER what.
Why Hasn't Amazon Fallen Yet? [View article]
What Is Amazon Web Services Really Worth? [View article]
Article link regarding AMZN's avoiding taxes in the US and Europe.
What Is Amazon Web Services Really Worth? [View article]
Check out this article about AMZN funneling billions of dollars through Luxemborg to avoid US and European taxes.
Reuters report finds Amazon created billion-dollar tax shield
Imagine if they actually paid taxes, they would be deep in the red. But part of me thinks they want that so noone CAN SEE how outrageous the trailing P/E is!!!!
Amazon Already Has Optimism Priced In, It's Fundamentally Overpriced [View article]
What I do know is this: Reuters reported this yesterday: "Reuters report finds Amazon created billion-dollar tax shield" See link for the entire article.
http://bit.ly/UiO5qk
After reading this article, I am not surprised at all at AMZN's underhanded activity. It confirms my sixth sense that additional questionable activities are at work, barely legal ones.
If AMZN paid the taxes that they are avoiding, then where would their numbers be?
I'd like to crunch those numbers if I knew how much tax they were avoiding by running billions through Luxemborg.
Amazon's Recent Debt Issue - Some Perspective On The Curious Credit Rating Divergence [View article]
Amazon has created a tax shelter by funneling billions of dollars through Luxemborg to avoid US and European taxes. See above article.
Should AMZN be paying these taxes as opposed to avoiding them, their cash flow, earnings, and all other of it's "strengths" would not look so good.
What Is Amazon Web Services Really Worth? [View article]
UPS (UPS -0.4%) releases its shipping rates for 2013 with an increase of 4.5% in all UPS Air services and a 4.9% hike for UPS Ground services on tap. One of the first questions traders will ask is if Amazon (AMZN +2%) will take the hit to margins or find a way to pass on the additional costs. [View news story]
Amazon And Its Indefensible Valuation [View article]
Amazon Got Another Pass [View article]
Pretty smart business model. (I am being facetious here.)
The smarter business model is the one in which Bezos has been able to convince Wall Street to invest billions of dollars in a 300 p/e stock when the company can't make money after 15 years of operations. To convince investors that buying and holding very expensive stock in a company losing money is the stuff of genius I guess...or somewhat psychopathic!