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re: Amazon down 10%

Posted on 7/29/14 at 1:00 pm to
Posted by Volvagia
Fort Worth
Member since Mar 2006
51914 posts
Posted on 7/29/14 at 1:00 pm to
P/E of 845.
Posted by rintintin
Life is Life
Member since Nov 2008
16195 posts
Posted on 7/29/14 at 1:12 pm to
quote:

P/E of 845


To be fair, they put almost all of their money back into the company. Which, as I said in my post before, is fine for a growing company, but at 20 years old you kinda wanna see some profits. They've pulled in over $80 billion in revenue over the past year. At what point do they plan on being profitable?
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