bryanz

Love Amazon the Company, But Can't Stand the Stock Here

Of course AMZN is overvalued... but going against them into earnings has burned me in the past so I won't be doing it this earnings. You're also simplifying their business. Yes they're a retailer but they also offer hosted solutions for small businesses and that section of their business is supposed to be doing very well. The PE of 71+ and the FPE of 50+ and the PEG of 3.2+ are all GREAT reasons to short the stock and rub your hands together greedily as you wait for the money to come to you... if too many people have the same idea though, well you know what usually happens.