Compare the charts of publishers like McGrawHill (MHP) and John Wiley (JW-A), there can only be one conclusion: AMZN is a complete HYPE.. Looks over the top right now... Ready for sell off to 60/70 level
Condition of Publisher sector very very bad.. 10 year low New York Times.. I feel sorry for the buyer of Dow Jones (DJ) @ 60 $.. (imagine bankruptcy NYT, nothing to wipe your @ss with) ;-) 30$ would have been more adequate