John Pitera's Market Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

sixty2nds

To: John Koligman who wrote (23032)	2/3/2020 7:38:56 PM
From: Don Green	1 Recommendation Read Replies (1) of 33421

John I hear you! Do you remember back in the late 90's when Amazon stock was selling in the 20's and then analysts were predicting it could go to $400 and everyone said how crazy that is for a stock with no earnings could do that. Henry Blodget first generated intrigue and applause for his call on Amazon.com in Oct 1998. While then working as an analyst for CIBC World Markets, Mr. Blodget put what was considered an outlandish $400 target on Amazon.com’s stock, which was then trading at $230. Within weeks, Amazon’s stock hit Mr. Blodget’s target and surpassed it. *In October 1998 he predicted that Amazon, then trading at $240, would trade for $400 within a year. This was thought highly unlikely by many traders ...* Now 20 year later look at Amazon and what has changed if you take away the then unfathomable profit engine AWS, they would still be losing money. The Tesla story seems to be similar story and who knows how it plays out. Everyone remember Infospace? INSP They owned Silicon Investor for awhile.? Is Tesla the latest warning sign?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next