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re: Twitter IPO
Posted on 11/9/13 at 12:16 am to Korkstand
Posted on 11/9/13 at 12:16 am to Korkstand
quote:
You might mean Amazon needs to increase its earnings 100 fold, which would be closer to the truth, but not nearly the insurmountable task it sounds to be. I have discussed this here before and won't go deep into it again, but basically Amazon is putting any and all would-be profits into growth, and will continue to do so for the foreseeable future. There is absolutely, positively no reason for Amazon to show a profit until their growth slows down, and in turn the growth investments slow down. Whether that will take 5, 10, or 20 years is anybody's guess, but there seems to be little reason Amazon can't get as big or bigger than Wal-Mart.
Yea I know they're reinvesting everything, but it still seems too high for me unless they really start hitting the international markets (which they are now).
quote:
Actually, I just found the AMZN thread from April, and you posted in it. Realizing now I should have bought some at $260 in April when I was singing their praises.
Yea I remember that thread. I used to be extremely high on them, but upon further research I thought against investing in them.
I guess I was wrong hahaha.
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