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  • Amazon launches $5B buyback; shares rise (updated)  [View news story]
    Like Bernie Madoff and Marc Dreier, Jeff Bezos is a very good salesman.
    Feb 10, 2016. 04:41 PM | 10 Likes Like |Link to Comment
  • Amazon launches $5B buyback; shares rise (updated)  [View news story]
    amzn will need to take on debt to fund this. Wow, amzn has run out of innovative ideas to grow. Now they have to engage in stock buybacks and more financial engineering.

    Alexa just called Siri to adopt her as even she doesn't want to be with amzn any longer
    Feb 10, 2016. 04:37 PM | 2 Likes Like |Link to Comment
  • Amazon's Store Plans Likely To Benefit Retail Landlords  [View article]
    The Westchester Mall here in New York is always packed. Msft store is busy, aapl store is busy, Tiffany, Cartier, Rolex- all busy.

    The last thing I'd travel to the mall to visit is an amazon store to see kindles and echoes.

    Hey Alexa, what do you call a company that can't make a decent profit for the past two decades and needs to spend every dollar to prop up revenue growth even in the busy holiday season.....
    Feb 10, 2016. 03:31 PM | 1 Like Like |Link to Comment
  • Amazon: Bail Or Bargain?  [View article]
    Amzn must spend every dollar to grow revenue 20% with little profit left. Why value at 390x earnings.

    Lots of amatuers got hurt with the recent 200 point drop. Amzn is a stock controlled by traders for traders.

    Unless you are a dart throwing chimpanzee and bought years ago, amzn is dangerous unless caught at the correct time.

    I've covered a short position with a monster seven digit profit as It is short term over sold and could trade quickly to 547 then 595.36. Longer term it is still very much over bought with no real support until $340.
    Feb 10, 2016. 02:35 PM | 11 Likes Like |Link to Comment
  • Amazon Expands Its Gaming Efforts  [View article]
    Was absent for trading 101
    Feb 9, 2016. 04:49 PM | Likes Like |Link to Comment
  • Leaked Amazon document suggests plans for global logistics network  [View news story]
    So many people got short and "into the way " of the 220 point drop and we made millions.

    Amzn is a company that needs to spend every dollar to grow revenue 22% with virtually no profit so why value it a 4oox earnings.

    Massive debt, deceptive accounting and slowing sales growth what a recipe for success after decades. Its a great ponzi for hedge funds to tap/make quick cash when they need it by manipulating. The ignorant 1000k share investor falls for it every time.

    Just love the amateur hour cheerleaders for amzn thinking they are market gurus because they threw a dart bought years ago and made a few shekels. Yet they still live in the $300k Tolls Bros house down south without millions socked away and piss what little money they have left away on redundant depreciating assets.

    It provides us with a few laughs here on the trading floor reading these comments on SA. As Bezos once said himself "thank god for stupid people"
    Feb 9, 2016. 04:46 PM | 13 Likes Like |Link to Comment
  • Amazon Stores Are Unlikely To Benefit Shareholders  [View article]
    I can't wait for an Amazon to open near me. Just how I'd like to spend my time looking at books I can get everywhere else. And all that subpar low end junky hardware to see. I hear Alexa tells jokes, but sadly Echo is the biggest one.

    Just a few more points to the downside on my amzn short position and I'll be able to throw away enough money to buy a La Ferrari and have enough left over to buy a bmw 7 series to use for target practice in the back yard.

    Alexa, what do you call a company that needs to spend every dollar they earn to grow revenue by 20%, makes no money and wall st values at 450x earnings..........
    Feb 5, 2016. 10:22 PM | Likes Like |Link to Comment
  • Amazon Crash Could Be Last Chance To Get In  [View article]
    "Good stuff doesnt stay on sale for long"

    But junk does. Amzn is a company struggling to grow 20% and needs to spend every $$ they make to do so. They engage in deceptive accounting hiding expenses off balance sheet.

    amzn has no real support until the $340 range and looking at a long term chart, it could get there.

    Why value a company growing revenue at 22% making virtually no profit at 400x earnings?
    Feb 3, 2016. 10:25 AM | 1 Like Like |Link to Comment
  • Amazon: Earnings Were Not Disappointing  [View article]
    Sorry to burst your bubble but my father died when I was 9. While my family were comprised of successful real estate people, watch makers and famous plastic surgeons, they did not share the wealth and we had to fend for ourselves.

    I put myself through law school doing some modeling, extras soap operas and budget film acting.

    While everything I have is due to hard work, being in the right place at the right time and a bit of luck, I certainly would not have minded having a father around when I was growing up to give me that platinum spoon or at the very least throw the proverbial ball around the yard.
    Feb 3, 2016. 10:10 AM | Likes Like |Link to Comment
  • Amazon: Earnings Were Not Disappointing  [View article]
    Not a disappointment?? Amzn grew 22% during the busiest season for them. To grow at that rate, amzn had to spend and made virtually no profit. On the profit they make, they cannot spend without taking on debt.

    The street, or I should say hedge fund friends of bezos, has amzn valued at astronomical growth. There are plenty of companies growing at 20%+ and making bilions in profits. They are valued close to their growth rate.

    Amzn is valued at 450x earnings. Its apparent that they cant grow at the 36% rate as in the early days. Its going to be a problem when the street decides to value amzn as a normal company growing at 22% who earns miniscule profits doing so.

    Amzn is a great trading vehicle with huge intraday swings but at current levels it is not an investment. Its comical how some here on SA tout amzn daily, but these are people who know little about the markets and trading.They threw the dice and got lucky years ago. And how many shares did they buy, a few thousand. What could they have made in profits, a million bucks? One can't retire on that and live a great lifestyle. I highly doubt they are backing up the truck and buying amzn here.

    I was lucky and dumb enough when I first started investing to buy tens of thousands of shares at the start of msft and never sold. Dosn't mean I'm buying now.

    Amzn is a company growing at 20 +% and earning little profit with billions in debt and sales tax litigation in many countries still pending. AWS is not growing as fast as Azure and amzn hides expenses off balance sheet to distort earnings.

    I trade amzn, but would not invest. But to each his own. I prefer to invest in companies when they trough or when there is a world event.
    Feb 1, 2016. 10:09 AM | 1 Like Like |Link to Comment
  • Amazon closes down 7.6%; analysts not worried about Q4 , Prime/logistics remarks get attention  [View news story]
    Spin it anyway you want. Amzn is a company struggling to grow 20% and needs to spend nearly every dollar to do so. This is the 6th straight quarter they have missed revenue targets.

    AWS profits do not account for items amzn hides off balance shide. Msft had far stronger cloud growth and has billions and billions of debt free cash to invest in this area.

    All amzn's cash on hand is tied to debt. Amzn is a great trading vehicle, but at these levels there are far better companies to invest in. Example, I bought 10k shares of cop @ 34.19 for half the price of 1k amzn. Amzn down 110 points from its high. If your long at those levels your in pain with sizeable losses and trading capital tied up
    Jan 29, 2016. 04:27 PM | 7 Likes Like |Link to Comment
  • Amazon misses estimates, issues in-line guidance; shares drop  [View news story]
    Bought a Microsoft Arc touch mouse today. $60.99 at amzn. Its $54.99 at ebay, buy it now, no tax and free, no fee shipping. Why pay more at amzn

    I believe as shoppers become more savvy amzn will shrink further.

    Amzn is a great trading vehicle on both the long & short side. However, I would not invest in a company struggling to grow 22%, having to spend nearly every dollar earned to grow at that rate, trading at 950x earnings.

    Sooner or later, amzn will have to be valued as a company growing at 22% and when that happens, I hate to be the one caught long amzn
    Jan 28, 2016. 05:53 PM | 5 Likes Like |Link to Comment
  • iPhone Inventory Build Bodes Ill For Apple Stock  [View article]
    While the talking heads on cnbc portray doom at aapl, one has to put it in perspective. Last year's comparable qarter was a record. While yoy revenue growth was nill, aapl made $75.9 billion in one quarter and earned 18.4 billion in profit. There is no other company on the planet putting up these numbers.
    Revenue may slow, but its being compared to records. People will still buy iPhones, ipads as these are best in breed products. Apple pay is excellent and the watch could have potential if its made sleeker and not tied to the phone.

    Aapl will continue to generate billions in both revenue and profits but, as I said before, wall st controls the stock and for it to move to new highs, aapl must show they can innovate without Steve Jobs. Thats just the mind set of wall st thinking. Yet they'll celebrate tomorrow amzn's deceptive "hide key expenses of balance sheet" accounting showing a few "million in profit'. Crazy

    Technically aapl could bounce at the 90.60 level but aapl wount find strong support until the 63.80 level.
    Jan 27, 2016. 10:55 AM | 5 Likes Like |Link to Comment
  • Amazon Takes On Netflix And Hollywood Studios With Big Sundance Acquisition  [View article]
    When making a purchase a companies revenue is not the criteria as you mention. Cash is king. If you look at Amazon's balance sheet the only cash they have on hand is tied to debt.

    Msft, aapl & goog, just to name a few, have billions and billions of debt free cash while amazon could be wiped out overnight. Did you ever think what would happen to amazon if they had to pay back all their sales tax liabilities still pending in various countries?
    Jan 26, 2016. 09:56 AM | Likes Like |Link to Comment
  • Learning From The Start Portfolio: Adding Amazon  [View article]
    Amzn stock is controlled by the hedge funds. When they decide to bail it can drop hundreds of points. Its down nearly 130 pts from its high.

    Its a "retail force" that can't earn a consistent profit in 20 years with the excuse of reinvesting in the company for the future. Any gross profit amzn earns is through financial engineering hiding expenses off balance sheet. Add these back in and both amzn & aws lost money.

    Amzn has, in the past, recovered from these sizeable drops off the high as traders believe in Bezos. However, they will someday get tired of the story if Bezos cannot earn meaningful, consistent profits. I trade in and out of amzn daily, but do not want to get caught long when the music stops on a stock trading at 1000x earnings.

    On the retail side, amzn has the most expensive pricing on the net. Will savvy shoppers continue to pay higher prices than the competition?

    I needed a Kohler part for a faucet.

    You can buy the Kohler part ( Part #76044 ) at Amazon for $40.


    Or you can buy it directly from Kohler for $1.60


    Search before you blindly buy at Amazon
    Jan 14, 2016. 02:28 PM | 13 Likes Like |Link to Comment