Wednesday, July 21, 2010

AMZN Dropped and Popped; Many Lessons Learned ..

POTC believes AMZN is experiencing diseconomies of scale, and the S&P analyst who upgraded will be proven wrong in the long-run. We maintain our bearish outlook on AMZN based on valuation.

DJ Amazon Cut To Average From Above Average By Caris & Co
(END) Dow Jones Newswires
July 23, 2010 09:57 ET (13:57 GMT)
Copyright (c) 2010 Dow Jones & Company, Inc.- 09 57 AM EDT 07-23-10

DJ Amazon Raised To Buy From Hold By S&P Equity
(END) Dow Jones Newswires
July 23, 2010 11:20 ET (15:20 GMT)
Copyright (c) 2010 Dow Jones & Company, Inc.- - 11 20 AM EDT 07-23-10
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2 comments:

Anonymous said...

Thanks! POTC!!!
Awesome analysis on AMZN!

Anonymous said...

I should have sold early. But I figure the initial fall was not easy to call, KUDOS to psych of the call "team" ... Raj:)