Today the beast will rise to 1900 -2000. Then at the end of the day, I'll short it. Over the weekend, noobs will get dumped on. I'm almost 100% positive of it. Thoughts?
UnknownUnicorn942585
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@LucyF2492, Today is friday and we have a bloodmoon maybe the sick elite is planning something today who knows *laugh*
facebook is going down twitter aswell maybe amazon will do the same
johntutty1
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i fully agree and i see$900 $700 and down to $400 area.
reapper57
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I Disagree Amazon is literally taking over the World.
ecramer
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Lol you can get better deals on Ebay then this turd.
Plus with the new sales tax law which will take hold here soon now that same TV you can buy online from wallmart and pay the same sales tax.
Amazons only ACE up its sleeve was no sales tax on big ticket items.
Its possible that today marks the top for this POS.
Plus there long term Debt to equity ratio is a whopping % 141 thats a lot when you consider how high this market cap is on this turd!
The only thing they have thats worth something is there AWS part of there business and I'm pretty sure over the next 5 years competition will come in and drive there profit margins down!
I like your chart i agree with you the question will be when this POS crashes not IF but when!
If today doesn't mark the top then it will come sooner then most people think.
undersun
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Hey Rakim, good to see you posting! Amazon is total crap, just from a consumer point of view. It is basically a Chinese marketplace at this point - so many counterfeits! It is hard to know what is authentic. I don't buy electronics from them anymore for that reason. Bogus reviews is a huge issue too. I got burned a few times, and I won't go back. And I think alot of people will do the same. Plus, the "Subscribe and Save" is really "Subscribe and Rip you off." The price is low for your first and 2nd month, and then, the seller jacks up the price (sometimes double) because they know that people won't look at the price once they set it up. Amazon is a broken system.
UnknownUnicorn942585
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@undersun, I agree 100% with you what really bothers me is the people selling there how can they afford such high sales commission the average commission is 15% just for providing a platform any platform that demand over 5% is crazy
undersun
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@RAKIM, eBay is very similar - they charge about 10% to most. Same shit, different platform - lol
@RAKIM, yes bro i use to sell in amazon and that website just made to measure what product niches are good so they can sell their own products and use retail seller as an experiment for that.. they kill you with FEES and so bad and charge you for promotions, it really sucks