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Old 05-30-2017, 09:39 AM   #1
John F
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Amazon reaches 1000

https://finance.yahoo.com/quote/AMZN
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Old 05-30-2017, 11:10 AM   #2
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Not quite. But getting close. It is at 998.76 up 2.97
Unless it peaked and fell back down a bit.
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Old 05-30-2017, 11:21 AM   #3
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Originally Posted by Cinisajoy View Post
Not quite. But getting close. It is at 998.76 up 2.97
Unless it peaked and fell back down a bit.

As of right now, it had hit a high earlier this morning of 1001.20.
Says right there on the linked page.
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Old 05-30-2017, 11:38 AM   #4
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As of right now, it had hit a high earlier this morning of 1001.20.
Says right there on the linked page.
What is that time frame then? Minute by minute, cool. I just went to the stock page not the link.
So it got over 1000, dropped about $6 and is now climbing again.

And for interesting trivia, I checked 4 companies and gold prices. The two major retailers are up. The two big lenders (not banks) and gold are down a bit.
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Old 05-30-2017, 11:44 AM   #5
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Originally Posted by Cinisajoy View Post
What is that time frame then? Minute by minute, cool. I just went to the stock page not the link.
So it got over 1000, dropped about $6 and is now climbing again.

...
Stocks tend to do that (go up and down).
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Old 05-30-2017, 12:04 PM   #6
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Stocks tend to do that (go up and down).
So does gold. I just wasn't expecting that much up and down so fast.
Could be interesting to see when it stays over 1000.
997. as of 12:04.
999.29 1:03 eastern.
998.94 2:10 eastern.

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Old 05-30-2017, 05:29 PM   #7
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Gold always fluctuates by the minute. Gold was highest on August 23, 2011 when it reached $1917.90 a Troy ounce. I wonder how many people lost their shirts waiting for it to hit $2000.00 a Troy ounce?
A lot of people lost their shirts in 1980 waiting for gold to hit $1000.00 a Troy ounce.
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Old 05-31-2017, 12:54 AM   #8
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Google and Amazon should do 10 for 1 splits as the shares are mostly sold in lots of 100 and it's hard for small investors to spend 100k one shot to buy. I feel both their market caps would go up by at least 5% if they do a 10 or 20 for 1 split.
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Old 05-31-2017, 09:14 AM   #9
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Google and Amazon should do 10 for 1 splits as the shares are mostly sold in lots of 100 and it's hard for small investors to spend 100k one shot to buy. I feel both their market caps would go up by at least 5% if they do a 10 or 20 for 1 split.
Microsoft does that regularly.
It gets their stock into tons of retirement nest egg portfolios which means long-term investors instead of "day traders" and less stock volatility. Which in turn means less quarterly drama for the CEO.

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Old 06-01-2017, 06:59 PM   #10
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You gotta love how every third thread in the general news section is about Amazon doing something, often entirely not ebook-related.
Currently reading American Gods and waiting for the Amazons to show up
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Old 06-03-2017, 07:52 AM   #11
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You gotta love how every third thread in the general news section is about Amazon doing something, often entirely not ebook-related.
Currently reading American Gods and waiting for the Amazons to show up
Think of it as gossip.
When news are slow gossip fills the vacuum.
Inquiring minds and all that.

Besides, a lot of the gossip *is* publishing-related, directly or iindirectly. Like the Echo, Fire TV, Prime, and pricing/shipping articles. For the rest of the non-ebook pieces, well, Amazon casts a big shadow in publishing, with vocal detractors wishing they would vanish in a puff of smoke and brimstone, and others just surprised/impressed that a company that started by exploiting publishing's distributor "float" has gotten so big just by finding and exploiting competitors' inefficiencies and irrationalities.
They do so many odd things they generate gossip just by existing.
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Old 07-28-2017, 07:48 AM   #12
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"Bezos surpasses Gates as world’s richest ahead of Amazon results"

https://search.yahoo.com/search?p=Be...nvsrp%2Cm%3Asb
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Old 07-28-2017, 07:53 AM   #13
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"Bezos surpasses Gates as world’s richest ahead of Amazon results"

https://search.yahoo.com/search?p=Be...nvsrp%2Cm%3Asb
All hail the mighty Jeff
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Old 07-28-2017, 09:04 AM   #14
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"Bezos surpasses Gates as world’s richest ahead of Amazon results"

https://search.yahoo.com/search?p=Be...nvsrp%2Cm%3Asb
That's so yesterday. Bill has overtaken him again after Amazon's share price fell again .
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Old 08-11-2017, 01:15 PM   #15
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Poor Jeff, "lost" $2 billion yesterday.

http://www.marketwatch.com/story/ama...%20MarketPulse)
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