Yeau, and the MM's did their damndest to push it higher. You know what's funny? Have you looked @ AMZN today? Remember 2-3 weeks ago, they were giving it a sell recommendation, not to mention, they said the company was burning through cash at an alarming rate, and didn't know how much faster they could do that. Then, oh by the way, just today these clowns stated..."we feel AMZN will have a positive 2nd half of the year and would be 'aggressive buyers' here"! These guys are such a joke. The irony is, when they made all these negative calls on the stock on CNBC, the stock was trading @ 31 and didn't fall much lower. They tried their best to push it down as much as they could. I need to create that thread dedicated to BS calls by analyst! I will do so soon, so we can post BS targets and have a place to reflect back on such ridiculous calls, like Lehman's 150 target on KOREA! LOL
KM |
