Seeking Alpha


Send Message
View as an RSS Feed
View $vix's Comments BY TICKER:
Latest  |  Highest rated
  • Zacks' Bear Of The Day: Amazon [View article]
    On Wednesday, a carrier mistakenly delivered a neighbor's amazon box to our house. Since I'm friendly with them, I brought the package to their home and asked what they ordered. It was a Polar Heart Monitor Watch.
    They were shocked when we searched the internet and found the device for $16 cheaper at B & H Photo in NY. B & H also ships the item for free.
    My neighbor said he assumed that amazon had the lowest prices due to the media hype.
    He was one of the "10 million" who tried Prime. Since he got duped on price and the fact that it was delivered to to wrong address, he will not sign on for Prime. His wife said that this was the 3rd package that they did not receive since they signed for the trial. One of which was a Mount Blanc pen which she paid $569 on Amazon. A quick search and we found the same pen from a jeweler in New Rochelle, NY for $424.99.
    Jan 2, 2015. 10:13 AM | 7 Likes Like |Link to Comment
  • Will Amazon Grow 27% Annually For The Next Decade? [View article]
    At the rate Amazon is taking on debt and burning through cash, they may not be around in ten years. Lots of competition now who have better pricing and no fee free shipping. Unless your into overpaying, not too many valid reasons for shopping Amazon when there are so many vendors offering tremendous customer service at advantageous pricing.
    Dec 29, 2014. 12:57 AM | 4 Likes Like |Link to Comment
  • Amazon added over 10M new Prime users during holiday season [View news story]
    I just ordered a Sony NP-FM50 InfoLithium battery. Amazon sells it for $26.99 through a 3P seller Called Miramar Sales for $26.99.

    Called amazon to find out if it was a GENUINE SONY battery or generic, as Miramar claims its an original. Amazon offered no help as "they are not familar with, nor do they verify claims made by their sellers" a very hard to understand amazon rep told me.

    Looking at feedback on amazon, there are 4 pages of unhappy buyers who recieved generic batteries, some of the buyers recieved defective batteries and some received used batteries.

    Mirarmar, through amazon, passes of a generic battery as a genuine sony and sells it for $26.99. sells the SAME generic battery, and clearly states that its a generic battery for $12.90. Amazon's price is over 100% higher.

    I bought a brand new, Genuine Sony NP-FM50 battery for $24.99 on eBay, with free ship and no sales tax for a vendor in NJ, who I easily was able to call on the phone to verify. Battery will be here Monday- easy, pleasant and professional transaction.

    Once again, I have found my dealings with amazon to be deceptive, difficult and overpriced. No thanks amazon.
    Dec 26, 2014. 12:32 PM | 5 Likes Like |Link to Comment
  • Amazon added over 10M new Prime users during holiday season [View news story]
    Amzn should disclose how many people cancelled prime after the free trial period. I bought several hundred Christmas gifts this holiday and I paid ZERO shipping fees as every vendor I bought from offered free shipping. Additionally, I would have spent $2394 more had I bought those gifts on amzn.

    Our local Best Buy was packed at the check out lines as was Toys R Us.

    But what do I know, amzn is currently up $3.95
    Dec 26, 2014. 10:02 AM | 8 Likes Like |Link to Comment
  • Morgan Stanley names stocks that could win or lose most from cheaper oil [View news story]
    Lower oil never trickles down to ups, fedex or usps. amzn will not benefit from lower ship cost. Since many retailers have lower prices than amzn and offer free shipping for free, amzn has its work cut out to keep growing.
    Morgan should disclose that they do investment banking business with amzn
    Dec 23, 2014. 07:49 PM | 10 Likes Like |Link to Comment
  • Global Tears Of Joy [View article]
    Clever title on your article. If there is any additional "bad" news Joy will trade down to 35.03 - 35.32. This would certainly offer an investment opportunity.

    However, I do believe one could nibble at the 44 level. The risk of being out of Joy completely is that they are one of the last take over targets. I'd rather keep a position in Joy based on that alone.

    I have bought Joy for my kid's investment portfolio.
    Dec 18, 2014. 03:11 PM | Likes Like |Link to Comment
  • WSJ: Google testing Buy button, mulling Amazon Prime-like program [View news story]
    @davdaddy Many of amazons 3p sellers are the same sellers on eBay and elsewhere.
    eBay has excellent sellers including some of the most prestigious names in the world like Christies, Sotheby's and Ferrari.
    I've spent hundreds of thousands of dollars over the years on eBay with never an issue. Always first class service and sellers. And, I saved tens of thousands of dollars off amazons prices.
    This morning I bought a Pink Razor e100 scooter as a gift. It's $$231.98 on Amazon. I bought it at Toys R Us for $129.99. Pink is a hard color to get so Amazon gouges.
    Why would anyone pay a premium of nearly $100 for the glory of buying from amazon
    Dec 16, 2014. 10:17 AM | 2 Likes Like |Link to Comment
  • WSJ: Google testing Buy button, mulling Amazon Prime-like program [View news story]
    Astute customer reviews? Most are written by Amazon.

    With the power of the Internet, I'd prefer to intelligently research a product I know little about as opposed to basing my decision on an paid Amazon review written by a guy named Buddy in South Carolina.
    Dec 16, 2014. 10:10 AM | Likes Like |Link to Comment
  • WSJ: Google testing Buy button, mulling Amazon Prime-like program [View news story]
    Not everyone buys there. I know plenty who don't as Amazon's prices are very high compared to other vendors. Most vendors offer free shipping so Prime is wasteful.
    Dec 16, 2014. 08:13 AM | Likes Like |Link to Comment
  • My 2 Cents In The Cash Flow/Capital Leases Debate [View article]
    Excellent, no nonsense, irrefutable, fact filled article. It should be read aloud to that crook Henry Blodget on CNBC.
    The perpetual amzn cheerleader must be out in the bmw 3 series checking prices at the local brick & mortar and could not comment.
    Dec 12, 2014. 11:03 AM | 8 Likes Like |Link to Comment
  • Amazon Going Back On Sale [View article]
    Its comical how some Jeff Bezos and amzn junkies here on SA can dish out derogatory comments ( "fairytale business comment above" ) but when they are replied to, the recipient gets it deleted, notifies the moderators and they send you to the principals office.
    Search my previous posts for the million dollar challenge - it makes a good read and it effectivley weeds out the weak.
    Dec 11, 2014. 01:42 PM | 1 Like Like |Link to Comment
  • Amazon Going Back On Sale [View article]
    Hello Joe,

    I'm a trader.

    Dec 11, 2014. 09:59 AM | 1 Like Like |Link to Comment
  • Amazon Obtains $6 Billion In New Debt In Its Most Brazen Move Yet [View article]
    Excellent article stating facts. Its truly amazing that the street continues to manipulate amzn believing that profits can be turned on with a flip of a switch.

    As more and more companies offer free, no fee shipping, prime becomes less relevant.

    Amazon competes on price and they rarely have the lowest cost for those smart consumers willing to spend a few minutes searching with the reward of saving lots of $$

    No other company gets the free pass than amzn does so I imagine that the street believes Bezos is smarter than Bill Gates, Steve Jobs, Sergey Brin etc. It is interesting that these companies invest in their infrastructure and new technologies and still earn billions in profits. Amzn claims they are investing for the future so they have to sacrifice profits. What's been the new innovation at amzn? Streaming?,Fulfillment centers? Bricks & Mortar Retail stores? Drones? "Make an Offer pricing" copied from eBay?, Dynamic 3D Gimmicks?, Fire Tablets?, Diapers?

    As my friend Sam Zell says in one of his year end gift traditions "If you spend more than you make, can bankruptcy be far behind" "If you play with the numbers, who are you fooling"

    I happen to think Sam is far smarter than Bezos.
    Dec 9, 2014. 02:07 PM | 15 Likes Like |Link to Comment
  • Amazon Going Back On Sale [View article]
    Dynamic pricing algorithms ? Pricing comparisons are a waste of time?

    Your kid wants a Mario Kart rid on toy and your other kid wants a barbie doll - one store sells the kart for $276 and another store sells it for $172. One store sells the doll for $16.99 and the other for $9.

    You'd stand by your dynamic pricing algorithms and useless price comparisons and pay $112 more for the same two items.

    Bezos should personally thank the heavens above for customers like you willing to pay hundreds of dollars more.

    One of my billionaire client's is Henry Kravis. If you dont know who he is, look him up. He shops around to save every dollar he can and we had a conversation the other day about just how ignorant most consumers are.

    When it comes to non proprietary retail items he says "lowest price is his god" and he'll spend a few moments to make sure he is getting the most advantageous cost.

    Its this mindset that has allowed him the great success he has enjoyed- very, very few people will ever be able to live his lifestyle.
    Dec 5, 2014. 03:23 PM | 1 Like Like |Link to Comment
  • Amazon Going Back On Sale [View article]
    amzn does not have lower prices than everyone else. I saved hundreds on just three items I recently purchased by searching before blindly buying on amzn. I gues amzn's infrastructure didnt help them on these products:

    Mario Kart Ride on vehicle: amzn price $276.49 Toys r us price $172

    Barbie Secret Fairy Doll: amzn price $16.99 Walmart price $9

    GE Dishwasher: amzn price $460 Home Depot price $348

    Saving on just three items by NOT shopping amzn = $244.48 and thats dollars, not pennies.

    I dont know any logical consumer that would buy these items for a higher price at amzn. If you would overpay by $244.48, I'd be interested in why?
    Dec 5, 2014. 01:57 PM | 2 Likes Like |Link to Comment