Thread: Amazon post the largest quarterly loss in 14 years
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Old 10-26-2014, 07:30 AM   #49
pwalker8
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Quote:
Originally Posted by bgalbrecht View Post
Investors or Wall Street analysts and pundits? I wonder how much of the selloff was from long term investors, and how much was from institutional holdings that sold because of trading programs, which will buy back in in a few months when the latest news is positive?

According to Yahoo Finance, Amazon's got about $8 billion in cash, $3 billion in debt. They can afford to take the long view unless the board loses faith in Bezos, or the stock drops so low that there's a takeover attempt. I just don't see either of those things happening any time soon.
The quote was from "Michael Pachter, a Wedbush Securities analyst". Certainly if Amazon has good results next quarter (i.e. the holiday quarter) then that will improve confidence.
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