View Single Post
Old 01-09-2012, 05:28 PM   #97
Penforhire
Wizard
Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.Penforhire ought to be getting tired of karma fortunes by now.
 
Posts: 2,230
Karma: 7145404
Join Date: Nov 2007
Location: Southern California
Device: Kindle Voyage & iPhone 7+
I fully expect Amazon's stock price to "correct" radically. The price to earnings (PE) ratio and the growth ratio (PEG) do not support anything close to the price the public seems willing to pay for it, even accounting for optimistic analyst estimates of future earnings. I predict a huge crash-and-burn on its price but it already soared higher than I expect or understand.
Penforhire is offline   Reply With Quote