I think it's bearish 70%!!
I agree with you
What amazes me the most is that this company issues 8 - 10 million more shares to it's float each year for employee compensation. That comes to around 15 - 18 billion dollars a year give or take. Instead they should just pay there management what they deserve these practices make there earnings look better.
Which is more then they make!
The accounting rules that take effect starting January of next year will force amazon to start disclosing there long term lease debt's on there Quarterly reports.
It's just amazing how people are willing to buy something that valuations will Maybe catch up to it's current stock price in 3 - 5 years from now.
Its just like the year 2000 all over again.
I think 2070 is good for stop loss.