Racket wrote:
seattle prattle wrote:
Well clearly the stock market doesn't seem too concerned, and that's par for the course for these developments for FANG. They're up about 2 or 3% on avg. for the day.
The worst part of the article is that they had to dredge up memories of that flaming jerk Jim Jordan of Ohio. I can take the rest of it, but that's uncalled for.
Amazon will likely get busted. Also, all of these companies have already been crushed with antitrust lawsuits in the EU.
Matter of time
Matter of time? So, is it going to crash to $3,500 once it's above $4,500? Or, is it crashing to like $1,600, then going back up to $3,200 after a while? Or, do you mean it's going to crash down to zero?
My prediction is AMZN will be above $3,700 after Q4. They're going to crush holiday sales. With Prime Day coming up, it'll get all of the sales from early wealthy holiday shoppers. Then, sales will continue up until Christmas. Everyone's going to be shopping on Amazon. Especially this year with logistic issues with spike in online sales, are people going to trust Amazon to deliver on time or other companies?