These are great posts, because what we have here, are investors that want Amzn to go up and some, like myself, that feels it DESERVES to go down.
The only point that I'm going to make is
(a) I saw this guy 'Robert DiRomualdo, Ceo of Borders) on Cnbc a few months ago and make no mistake about it, he's smart. I bluecollar kid that ended up graduating from Harvard.
(b) All he's saying is there's not enough profit, in books.
(c) Do you think that he and Barnes & Noble are going to let Amzn run away, with their business???
NO!!! All he is saying is ' we are ALL, going after a small and shrinking pie'
Now, Wall Street (the 25 yr old brokers) are telling your GrandMa, to put all their life savings into Amzn, because its an Internet play and you can't lose!
Amzn, is not a Aol, nor is it a Yhoo, never was, never will be. Unless Amzn, becomes something other, which I'm not aware of (maybe thats we're I'm missing it). This is the best short I've ever seen, such Oxford Health or Iomega.
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