Amazon....

Discussion in 'Stocks' started by krazykarl, Jul 23, 2008.

  1. Recall

    Recall

    Errr, Amazon Prime is $79.00 a year not $25.00
     
    #11     Jul 23, 2008
  2. jazzsax

    jazzsax

    I'm glad I stayed out of this one come 4pm yesterday. WOnder what today will bring?
     
    #12     Jul 24, 2008
  3. Sorry, you're right, I was thinking of the free super saver shipping with $25 when I typed $25. Amazon Prime and the super saver shipping are often mentioned by people, especially since they apply even to some of the groceries on Amazon (and diapers).
     
    #13     Jul 24, 2008
  4. Recall

    Recall

    Well it is easy to see how you typed $25.00 when as you said that is the super saver shipping free order amount for most items.
     
    #14     Jul 24, 2008
  5. aresky

    aresky

    In a note to clients late Monday, Goldman Sachs analyst James Mitchell kept his "Buy" rating and $98 price target for the shares (AMZN). The analyst said that Amazon's business model "has proven highly successful in Japan, a case study for limited credit extension and weak consumer spending in recent years."

    He added that Amazon finished its second quarter with $1.1 billion in net cash, which means it could keep investing against its business plan as rivals see hard economic times.

    Mitchell also said that "capital constraints may prompt particularly hard-pressed rivals, such as Circuit City (nyse: CC ), Borders and DSG International, to shut stores, pushing more consumers to shop at sites such as Amazon instead."


    http://www.forbes.com/feeds/ap/2008/09/30/ap5490108.html
     
    #15     Sep 30, 2008
  6. dave74

    dave74

    Wow, you guys are shorting AMZN?

    This strong rebound is not a suprise.

    I like AMZN long term.
     
    #16     Sep 30, 2008
  7. S2007S

    S2007S


    Time to sell AMAZON, no need to listen to analysts, AMZN is going to $50 before it goes back to $100
     
    #17     Sep 30, 2008
  8. AMZN is going to 150 soon. They are the online version of wallmart .
     
    #18     Sep 30, 2008
  9. yeah as of this morning i feel rather bearish for this over the next couple of days unless we get awesome news... this thing is crazy tho its like my girlfriend when she was trying to decide on which sofa to buy.
     
    #19     Oct 1, 2008