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| Amazon is EXTREMELY overvalued |
| Published: April 30, 2007, 11:51 pm |
| Tags: Stock, Investments, Financial, Stock Pick, Amazon Com, Amazon, Finance, Earnings, Stocks |
| reason enough to buy the stock? You tell me.The company rose from 44.75 to 62.78 in a matter of two days. That is over 18 dollars or a 40% gain. Earlier in the week the company was valued at $15b, which soared approximately to $25b. Many short-sellers ran to cover their positions. With two analyst downgrades, within the last three days, the |
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| Amazon is EXTREMELY overvalued |
| Published: April 30, 2007, 11:51 pm |
| Tags: Stock, Investments, Financial, Stock Pick, Amazon Com, Amazon, Finance, Earnings, Stocks |
| reason enough to buy the stock? You tell me.The company rose from 44.75 to 62.78 in a matter of two days. That is over 18 dollars or a 40% gain. Earlier in the week the company was valued at $15b, which soared approximately to $25b. Many short-sellers ran to cover their positions. With two analyst downgrades, within the last three days, the |
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