Stock of the Day
Out of context: Reply #433
- Started
- Last post
- 684 Responses
- ********-5
Amazon after Bezos stepped down not doing so good
"So with that in mind, how did Amazon do? Well... not so good: not only did the company miss on the top line and operating income, but guided much lower than Wall Street expected
Net Sales $113.1B, missing estimates of $115.1B
EPS $15.12, beating estimates of $12.28
Operating Income $7.7BN, missing est. $7.82B
AWS net sales $14.81 billion, beating estimate $14.18 billion
Free cash flow increased to $16.8 billion for the trailing twelve months, compared with $11.7 billion for the trailing twelve months ended March 31, 2020.
Looking ahead, the company's guidance was unexpecteldy ugly, with the high end of expectations missing sellside consensusQ3 Net Sales $106.0B to $112.0B, badly missing Wall Street est. $118.75B
Q3 Operating income between $2.5 billion and $6.0 billion, also missing estimates of $8.11BN'- Nothing but a bump in the road. One of the best investments anyone could have made in the last 5-10 years.monospaced
- So Amazon is left with only AWS now, so be it********
- Yeah but that’s like 90%+ of their business. They basically own the internet.monospaced
- Not if Amazon is smashed with an anti-trust and split up so without AWS bye bye any chance at profits ever
But that's still a few years ahead******** - Capitalism will save Amazon, no worries.utopian
- Just seen more insights into Amazon, monospaced if you hold bail now, it might really get ugly by the end of the year********
- cash down 62% yoy, in retail biz that's insane losses********
- But their business isn’t primarily retail. You know that.monospaced
- They just hit 1.3M employees damn
Good bye cash flow I guess******** - Ik that but these numbers are crazy low after Q2 records********
- Do you own any Amazon stock?monospaced
- Also mono to satisfy your curiosity, I only trade, never hold
Strategy: knowing a bit more than the average trader******** - okaaay then ... not what I askedmonospaced
- What brokerage do you use? Seriously. What exchange(s) do you trade on. For how long?monospaced
- Switching to IB, mostly fx, not that into stocks as they requires tons of research to get an edge********
- So you trade, but not stocks?monospaced
- You said you were smarter than the average trader. And you use a top brokerage.monospaced
- And why switch? What do you mean by "mostly" fx? Why would you even use different ones? Weird.monospaced
- Some brokers are better for fx, others for stocks etc. It's common for traders to have multiple accounts. But in the US there are dif rules for traders.********
- are you talking about forex?monospaced
- Also I believe you can't trade CFDs in the US?
But overall, you go were the money is, this week might be profitable in commodities, next week USD dropping, etc******** - Anyway, have you sold AMZN like I said?
I mean look at this drop: https://seekingalpha…******** - Also yeah fx = forex
currency markets******** - no I didn't sell Amazon, in fact, I think I'll pick up more when it's a little cheapermonospaced
- sell high, buy low...********
- dude, it's ALL high! at best I can buy some dipsmonospaced
- when you're averaging 600% gains, you don't really "sell high" anymore, because it's just going up, y'know?monospaced
- I'll sell a little of everything soon for home renovations. If there's a big dip it will make sense, but right now, this is just a blip, like i said alreadymonospaced
- 7% in a day in FAANG is a LOT. But hey, it's your stock, good luck!********
- I also called it before a day, so if you were a trader shorting the stock would've made you a decent amount.********
- *yawnmonospaced
- You didn’t call anything. You copy pasted their public earnings report. Derp.monospaced
- I told you to bail/shell after seeing the numbers, then a day away they fell a lot. So...I'm confused, isn't that "calling it"?
Oh right, you're not a trader******** - omg, EVERYONE saw the earnings and "called it." It's OBVIOUS. I hold it because I'm up thousands of percent. Selling and buying a dip is meaningless.monospaced
- I’m a graphic designer not a trader. That isn’t an insult and I never claimed that was my job ffs. You’re being weird.monospaced