AMZN should tank AH

Discussion in 'Stocks' started by hajimow, Oct 25, 2011.

  1. hajimow


    Sales should be below what investors were expecting and forecasting a slower Holidays sales. Down to $200.

    FYI: I have no position and will not trade it. My plate is full.
  2. may be right, but today appears that assumption has already been worked in to the equation to a degree.

    Analysts are expecting operating margins to plunge to 1.33% from 3.54% and gross margins to fall to 23.1% from 23.5%.
  3. hajimow


    By the way AMZN is the Wall Street's darling. The results should be really bad to convince the street to dump it.
  4. Archin


    Doubt it, this stock is trading at high multiples, if their's no increase or a small increase in earnings i think it will continue to sell off.
  5. lwlee


    Excellent call. Dropping fast. Down to 186.
  6. newwurldmn


    Good call.

    Kudos to you.
  7. Archin


    Go amazon!!! down to 100
  8. how could you not trade it?

    puts cost very little considering your bold prediction.

    seems fishy
  9. nitrene


    Wow. Good call. You are the Oracle at Delphi.

    I looked at the report and it wasn't that bad. Revenue increase of 33% is still impressive. It seems like Apple in many ways. Too much expectation since every one and their mother is in the stock. At least it isn't Netflix, yet.
    #10     Oct 25, 2011