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YoungManOldMan
George Washington Fan
Member since Dec 2017
1882 posts

Is there any downside to buying Amazon right now? Is there really a ceiling?
I suppose the more hand wringing leads to lost gains. I remember a month ago when this stock was in the $1300s. Any chance it hits $2,000 this year?


Triple Bogey
LSU Fan
19th Green
Member since May 2017
1112 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
Amazon is the new bitcoin.


LSU1018
LSU Fan
Baton Rouge
Member since Feb 2007
6581 posts
 Online 

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
I'm confused by that statement. Amazon is actually makes money? What is bitcoin doing?
This post was edited on 3/8 at 11:29 am


anc
Member since Nov 2012
9699 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
The day someone proves that Alexa devices are listening when unprompted is a day I would not want to own AMZN.

However, their money maker is AWS - which is quickly becoming a must have. Its hard to find an IT provider not utilizing it in some way.



ATLdawg25
Georgia Fan
Atlanta, GA
Member since Oct 2014
4052 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
quote:

The day someone proves that Alexa devices are listening when unprompted

Alexa is always listening. It doesn't possess some magic ability to only listen when you use the term "Alexa" to activate a control.


lsujro
LSU Fan
BR
Member since Jul 2007
2952 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
quote:

Amazon actually makes money?


yes, it does.


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22
StringedInstruments
Auburn Fan
Member since Oct 2013
8637 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
I heard they're targeting Walmart's consumer base by offering discounts on Amazon Prime to people on Medicaid. At first I thought it sounded stupid, but as high speed Internet becomes more ubiquitous and delivery options become cheaper and cheaper, online shopping may be a huge gain in the lower socioeconomic classes.


cave canem
Mississippi St. Fan
land o sand
Member since Oct 2012
7267 posts
 Online 

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
quote:

the lower socioeconomic classes.


Amazon is the perfect model for lay-a-way, you may be on to something.


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40
GenesChin
Army Fan
The Promise Land
Member since Feb 2012
32896 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
quote:


Alexa is always listening. It doesn't possess some magic ability to only listen when you use the term "Alexa" to activate a control.


The Alexa isn't always "listening" The in device technology is only capable of recognizing the wake word which activates the device to listen/record. This was done on purpose as a privacy measure

The only time long term recording is done, which requires Amazon's cloud, is after you wake your Alexa.

LINK


HYDRebs
Ole Miss Fan
Houston
Member since Sep 2014
842 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
quote:


The Alexa isn't always "listening" The in device technology is only capable of recognizing the wake word which activates the device to listen/record. This was done on purpose as a privacy measure

The only time long term recording is done, which requires Amazon's cloud, is after you wake your Alexa.

LINK



Sure....


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110
wutangfinancial
LSU Fan
Dallas, TX
Member since Sep 2015
691 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
quote:

Is there any downside to buying Amazon right now? Is there really a ceiling?


There's huge downside once Bezos can't pay Peter (Core business) with Paul's money (AWS operating profits). So watch growth in Azure. I don't believe AWS has sustained market share with stiff competition for a significant amount of time.


ATLdawg25
Georgia Fan
Atlanta, GA
Member since Oct 2014
4052 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
quote:

The Alexa isn't always "listening" The in device technology is only capable of recognizing the wake word which activates the device to listen/record. This was done on purpose as a privacy measure



If a service is provided to you for free, 99.9% of the time you are paying the cost with some type of personal information. Google is a great example. That free search engine you're using is recording an unconscionable amount of data that Google then uses to sell advertising. I have no doubt Alexa operates the same way, whether google admits it or not.


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20
hiltacular
Georgia Tech Fan
CHI
Member since Jan 2011
13942 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
quote:

There's huge downside once Bezos can't pay Peter (Core business) with Paul's money (AWS operating profits). So watch growth in Azure. I don't believe AWS has sustained market share with stiff competition for a significant amount of time.


You could be onto something with this however Amazon has made huge moves to shift itself away from a "core business" model. At one point it was a marketplace/logistics company, at this point it is a mixture of all different things that intertwine with each other which is really where it's value is.

Obviously the counterpoint is what happens when the profitable parts of the company stop being profitable and no longer outweigh the non profitable parts. Other companies have done so much to catch up with Amazon's logistics it no longer really has that advantage over everyone else.


oklahogjr
Arizona State Fan
Gold Membership
Member since Jan 2010
26973 posts
 Online 

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
quote:

Obviously the counterpoint is what happens when the profitable parts of the company stop being profitable and no longer outweigh the non profitable parts.

see GE

Amazon to me is over valued. great company but they can't justify that pe. it would take tons of dumb luck and perfect execution to get thst to be realistic.


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mule74
LSU Fan
Houston, TX
Member since Nov 2004
8028 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
I was actually thinking today about selling all the other positions in my short term account and just buying Amazon every day that it’s down.
This post was edited on 3/8 at 2:54 pm


castorinho
Oklahoma Fan
13623 posts
Member since Nov 2010
48771 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
quote:

every day that it’s down.
you're gonna have a bad time


wutangfinancial
LSU Fan
Dallas, TX
Member since Sep 2015
691 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
They are looking into mortgage now? Bezos is turning into Musk with all of these grand ideas. So innovative lol


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LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
24369 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
No offense but this thread is a great indicator that it may be time to buy some put spreads in Amazon


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30
dawg4lyfe
Atlanta Falcons Fan
Member since May 2012
10800 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
Amazon is up $115 AH


leoj
Texas A&M Fan
Member since Nov 2010
2591 posts

re: Is there any downside to buying Amazon right now? Is there really a ceiling?
Not bad


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