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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Vendit™ who wrote (44872)1/30/2013 1:36:08 AM
From: Brian Sullivan  Respond to of 220518
 
There is a line there that says it all:

Still, Mr. Gillis said: “Who’s going to undercut Amazon? They’re only making
half a cent on every dollar. Who can run a business at less profit?”



To: Vendit™ who wrote (44872)1/30/2013 6:24:53 AM
From: Vendit™  Read Replies (1) | Respond to of 220518
 
For more than a decade, Amazon has teetered between minimal profits and no profits. In 2012, it said Tuesday, it lost money. But Wall Street has always been more about promises than results, and Amazon is always on the verge of converting its overwhelming online presence into buckets of cash. “As long as the dream is there, the stock is going to go up,” Mr. Munster said.


All said and stocks and market do move in cycles, I am not certain that planetary alignments are the cause and effect as much as individuals who make judgments and decisions.