- Sep 28, 2003
- 28,232
- 12,585
Oh ****
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Waiting to hear what DaJoka did...
I hope he didn't lose too much $.
This company just posted an EPS of ONE ******G PENNY and forecasted a LOSS of 50M to 350M in Q4 and nobody gives a damn. Based on today's close, AMZN would trade at a P/E of over 260 with a reduction of their TTM EPS from 1.21 to 0.84. To bring the P/E back to today's value (181.6, price would have to drop to 152.61. I know you can't simply apply the math that way to get appropriate PPS, but come on...I want to throw a little on some AMZN calls for earnings but it's hard to ignore all these big stocks missing. It is my favorite company and it's usually not a good idea to trade based on bias. All this mess about Internet tax does not affect this quarter. They should have nice numbers even though the Kindle is a piece of trash.
This company just posted an EPS of ONE ******G PENNY and forecasted a LOSS of 50M to 350M in Q4 and nobody gives a damn. Based on today's close, AMZN would trade at a P/E of over 260 with a reduction of their TTM EPS from 1.21 to 0.84. To bring the P/E back to today's value (181.6, price would have to drop to 152.61. I know you can't simply apply the math that way to get appropriate PPS, but come on...
That 7 million income that they just made last quarter, Apple cleared that amount every 104 minutes.