Amazon (AMZN) shares slumped nearly 5% today after the weak retail sales report, but Mercenary...

|By:, SA News Editor

Amazon (AMZN) shares slumped nearly 5% today after the weak retail sales report, but Mercenary Trader says prolonged weakness in the stock can be traced back to the decision to pursue revenue growth at the expense of profit, with each Kindle Fire being sold at a substantial loss. The many choices for consumers - at least 55 tablets - make AMZN's strategy a risky one. and investors know it.