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Tuesday, 08/27/2024 10:16:22 AM

Tuesday, August 27, 2024 10:16:22 AM

Post# of 53373
Might I remind everyone that Amazon started out as an online book company, booked many quarters of losses. Look at how many services it offers now and the revenue it generates from within those services. Its the chicken and the egg argument, you dont get revenue without growth. You cant grow without capital or share sales. We have a CEO supported by a closely aligned management with a vision and they are executing rapidly. Why stop and book profits when you can roll in profits to organically increase future profits from a stated goal of achieving 1 billion in revenue?

Sounds to me like investors need to either be on board with a buyout at the 1 billion in revenue milestone, and the pain that comes with reaching it, or sell and move on. All else is distraction and attempts to separate shareholders with their shares down at the bottom here where blood is flowing in the streets.

With revenue exploding yoy from organic growth within strategic investments now is the time to add, not sell out of frustration. Smart money is coming in imho.
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