actually its probably the future.... Amazon also use to be a penny stock, with extreme debt and a convicted felon as CEO... Look at it now, its changing the way the world does business.
They are talking about same-day drone deliveries within 3-5 years...
Far-fetched but if anyones going to pull it off, it sure would be Amazon, they dabble in everything. SO many products are sold on Amazon.
Buying products on amazon in bulk is actually a growing macro trend in online consumer habits
They are also cutting out the middle men, all the distributors and stores that want to make a cut, here they pay one small fee to AMazon and done, straight from their hands to the consumer, they dont have a million and one distributors low-balling them and skimming money that could be going in to th business.
TBEV got it right, this stock is going to the moon.
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