Stanley Morgan wrote:
seattle prattle wrote:
Ghost of Igloi wrote:
Igy, do you think it's prudent to infer anything from the misfortunes of Tesla onto bellweather stocks like Apple and Amazon? Seriously?
Desperate people say desperate things.
Actually desperate investors ignore valuations. AMZN trades 10 times above a normal valuation implying a price target of $217. Now in the world of the stock analyst having anything but a bullish view leads to a short career. “What the wise man does in the beginning, the fool does in the end.”