Amazon.com Inc (AMZN)

[Chyna9]

I don't think wall street is evil at all, nor do I have any inherent bias against the company.

I think you missed the point.

The book value and PE are grossly inflated. Let me say that again. The book value (what is it, 18 or so?) and PE are grossly inflated (what is it? 90x?)

That's been a collective effort. Thus I call this a cult ticker symbol. I don't know what earnings will be, but it won't fix that, now or anytime soon.


I also see potential for tremendous legal problems in the near and mid term. And I don't trust the management to respond ethically to such, which will only complicate things.


"Diseased unpredictable humans" is an odd statement you made. And doesn't seem reality based. Is that something you really believe or is it something Mr. Bezos has indoctrinated you to believe? Does that hold true in restaurants? Sporting events? Etc?


There's a reason Amazon isn't on the DJIA.

And if/when someday membership is appropriate, it won't be in its current form, that much is for sure.

Just my 2 cents.