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Tuesday, September 05, 2023 8:52:30 AM
Amazon started in 1995 in Bezos' garage. You say they lost millions if not billions for twenty years? What sources are you using to back that up? I see their gross profit in 2009 as $5.5 billion and their net profit that year as $0.9 billion. Even in 2013 and 2014 when they had a couple of net loss quarters, their full year net profits were positive.
https://www.macrotrends.net/stocks/stock-comparison?s=net-income&axis=single&comp=AMZN
AMZN had their IPO in 1997, two years after startup. BIEL never had an IPO.
BIEL went public in 2004. Seven years later they stopped reporting to the SEC and delisted into the pinksheets. Did AMZN ever stop reporting to the SEC? Did AMZN ever trade on the pinks?
Let's look at the AMZN stock chart. Do you see a similarity between the AMZN chart and the BIEL chart? Only if you hold one of them up to a mirror.
Amazon had RECORD revenues during the pandemic. They had no problems selling online during the pandemic. How did BIEL fare during the pandemic?
https://www.macrotrends.net/stocks/charts/AMZN/amazon/gross-profit#:~:text=Amazon%20gross%20profit%20for%20the%20twelve%20months%20ending%20June%2030,a%2029.28%25%20increase%20from%202020.
I understand the motive behind comparing a zombie pinksheet biotech like BIEL to companies like Amazon and Apple and Microsoft. What I don't understand is: who do you think is fooled by such nonsense?
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