Started By
Message

Pulled the trigger on AMZN

Posted on 1/5/23 at 6:41 pm
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2940 posts
Posted on 1/5/23 at 6:41 pm
Like everything else, it may well go down further, but in time I don't think I will regret it @ $83.05

Posted by ItzMe1972
Member since Dec 2013
12210 posts
Posted on 1/5/23 at 6:44 pm to
I'm wondering about AAPL and MSFT too.
This post was edited on 1/5/23 at 6:44 pm
Posted by j1897
Member since Nov 2011
4314 posts
Posted on 1/5/23 at 6:54 pm to
Until i see some holiday sales numbers, i'm not touching anything retail. I suspect they will be very ugly.
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2940 posts
Posted on 1/5/23 at 7:05 pm to
I kind of agree, but the other day leaving my house, headed to work, I passed about 100 vehicles. NO LIE, more than 1/2 were Amazon vehicles. Got me thinking.

We might be in a recession, we will have interest rates go up, but people still need necessities, and it seems that MANY are getting them from Amazon.
Posted by ItzMe1972
Member since Dec 2013
12210 posts
Posted on 1/5/23 at 7:15 pm to
"I passed about 100 vehicles. NO LIE, more than 1/2 were Amazon vehicles"
--

May have been heading to the auction block with all the layoffs!

You're good long-term.
Posted by DiamondDog
Louisiana
Member since Nov 2019
12840 posts
Posted on 1/5/23 at 7:23 pm to
quote:

Like everything else, it may well go down further, but in time I don't think I will regret it @ $83.05


Welcome to hell. I'm in at $99.50.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21082 posts
Posted on 1/5/23 at 7:27 pm to
Only thing that can save most is if they “guided down “ enough so they can spin with the whole “beat expectations” thing

Early data suggests the holiday retail season won’t look pretty (inflated - sure - but less “stuff” bought etc)
Posted by TigerDeBaiter
Member since Dec 2010
10671 posts
Posted on 1/5/23 at 8:03 pm to
quote:

I kind of agree, but the other day leaving my house, headed to work, I passed about 100 vehicles. NO LIE, more than 1/2 were Amazon vehicles. Got me thinking.

They might be half full… which will bleed even more cash. Or they’re busting at the seams. Nobody knows.
Posted by TigerDeBaiter
Member since Dec 2010
10671 posts
Posted on 1/5/23 at 8:05 pm to
Agreed. Based on the long run sales I’m seeing in online retail, I’m going to guess they were weak and/or they just over ordered inventory. Check nearly any brand you normally buy from. There likely still running a 50% off sale
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 1/5/23 at 8:10 pm to
quote:

Until i see some holiday sales numbers, i'm not touching anything retail. I suspect they will be very ugly.


Not the game to play. Anticipate the fed pivot
Posted by Revorising
Member since Jan 2013
1014 posts
Posted on 1/5/23 at 8:37 pm to
It will be a long time until the fed pivots. Don’t kid yourself.
Posted by TigerDeBaiter
Member since Dec 2010
10671 posts
Posted on 1/5/23 at 9:34 pm to
And when they do actually pivot, it’s going to be because we have a dire reason to. And if you look at a chart of when the fed finally does pivot, it ain’t pretty.



For those hoping for a Fed pivot, this is what happens after the pivot. Be careful for what you wish for...
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 1/5/23 at 10:00 pm to
Those are all pretty terrible analogs considering the Fed is raising rates into a declining equity market, something that didn’t happen in any of those examples.
Posted by Drizzt
Cimmeria
Member since Aug 2013
14881 posts
Posted on 1/5/23 at 10:11 pm to
I do a ton of Amazon worker’s disability claims and have friends in other states who do as well. They self insure and have to be hemorrhaging money on this from what I see. You have no idea how many people work 3 months, tell a supervisor they are suicidal, then get a check the rest of their life.
This post was edited on 1/5/23 at 10:12 pm
Posted by wileyjones
Member since May 2014
2696 posts
Posted on 1/5/23 at 10:17 pm to
quote:

people work 3 months, tell a supervisor they are suicidal, then get a check the rest of their life.
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 1/6/23 at 8:25 am to
quote:

It will be a long time until the fed pivots. Don’t kid yourself.


Not my point. The actual numbers are meaningless now. Look at how the market reacts when EMPLOYMENT rates are HIGHER than expected. The market goes down.

Ponder how absolutely insane that is!

Market is just moving with the feds. It's not time to invest until they pivot.
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2940 posts
Posted on 1/6/23 at 8:35 am to
That shows the disconnect between Main Street and Wall Street.
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 1/6/23 at 8:50 am to
quote:

That shows the disconnect between Main Street and Wall Street.


Yup. The financial world is separating from the real world ushering in the great reset.
Posted by tigerfoot
Alexandria
Member since Sep 2006
60741 posts
Posted on 1/6/23 at 9:18 am to
quote:

We might be in a recession, we will have interest rates go up, but people still need necessities, and it seems that MANY are getting them from Amazon.


My wife used to use Amazon for everything. Still get more boxes than I would like, but she uses multiple places to shop online now versus always going to Amazon. The more educated the consumer gets as to what is available online they will realize that AMZN is not always the answer.

I think the more educated consumer is Amazons biggest threat.
Posted by Turf Taint
New Orleans
Member since Jun 2021
6010 posts
Posted on 1/6/23 at 9:23 am to
What drove your decision?

DCF
Intuition
You are Jeff Bezos

?
first pageprev pagePage 1 of 2Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram