Replies to post #4016 on Amazon.com Inc (AMZN)

[Nebuchadnezzar]

because of the sheeple. idiots by the masses. a lot of people don't realize that they will be putting themselves out of a job one day. lol

I cant bash the company or the stock bc its truly remarkable but AMZN and big tech will have major side effects going forwards.

people reap what they sow ------------------>

https://gizmodo.com/[object%20Object]

interesting to see how sales tax issues will affect things going forwards as well.

I just sit back and laugh, no need to own AMZN when you can own XLK and QQQ's

bring on the trade war!!!!!

[Nebuchadnezzar]

also it is up 100% in one year, the market cap doubled from $400 billion to $800 billion based on what? PE of 226!!!!

AMZN is literally priced as a monopoly

so for 18% ROI at current price AMZN stock needs to trade at $2000 share. not sure how there is anyway to justify that price or valuation but we'll see, I just don't think committing new cash to a stock with valuation and run in 12 months is responsible, so like I said, I cannot wait to see how it trades in a recession.