Archive for May, 2007
Amazon.com Inc (AMZN) Could Drop 50%
4 Comments Published May 23rd, 2007 in investing, stocks, business.On May 17, we recommended buying puts on Amazon (AMZN). Since that time, the stock has traded up about 9% and the July $60 puts have gobe from $2.35 to around $1.15.
** Full disclosue - I purchased the July $60 puts at $1.70 on May 21.
Nothing has changed fundamentally with the story on Amazon, so […]
Stock Short of the Week: Amazon.com Inc (AMZN)
20 Comments Published May 17th, 2007 in investing, stocks, business.Shares of Amazon.com Inc. (AMZN) are currently trading at just above $63 per share. That’s 55x even the most bullish estimate of $1.14 per share for 2007 earnings. At 25% projected annual earnings growth over the next 5 years, that gives AMZN a PE/Growth ratio of 2.2x. Sure, we all love and use Amazon to […]
