Amazons future looks to be coming to a close

Its a very tough market to predict with so many economic issues going on in todays world.
I took a chance on this company and held for a long time until recent years.
Cashing out was the smartest decision at the peak of such a long rally.
Nobody is expected to hold forever. Jeff Bezos was cashing out and officially stepped down
so that should of been a signal for everyone to start selling. The future looks dim and overall
confidence in the growth of this company moving forward into 2030's is a big NO...
So the big question is whats next. Will they expand into a new area of the market "possible"
Much debate on the future of Amazon. It got so big and people are cashing out on the gains.
I will be watching for some announcement mid 2024 to mid 2025.

Comment:

sorry no update here i don't follow amazon anymore. I was just lucky to sell at the peak before the selloff and stock split

Comment:

Jeff Bezos continues to dump his shares with an overspending lifestyle that doesn't benefit anyone but himself. He claims he is giving away money to help people but its just a tax credit strategy. Jeff Bezos can't be trusted with the holdings he has in the company. I mean just look at the market performance. The stock split just covered up how bad things really are for shareholders.
Amazon holders are in for a turbulent market.


The stock split manipulation overbought the market tremendously. Feel sorry for any holder in amazon stock these days.