Quote:
Originally Posted by Valuist
98% of companies' stock takes a hit when they buy another big company. Not Amazon. It goes up over $25. Other companies go down when they miss earnings. Not Amazon.
This company has been public for TWENTY YEARS. They haven't been profitable all that long. PE of 185. Yet it continues to grow like a tumor.
People worried about Wal-Mart destroying the mom and pop stores? We've seen the real enemy, and they are in Seattle, not Arkansas.
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They are also in a drone near you.
BTW, would anyone order organic arugula or Single Plantation coffee from Amazon? PAAh---LEEESE.