Submitted by Paradox68 t3_125ui0d in wallstreetbets
bradyo164 t1_je5zt5p wrote
All I have to say is when the everything bubble pops ur definitely gonna be a bag holder… all blue chip stocks r heavily over valued
Paradox68 OP t1_je61gyx wrote
Disagree. They were overvalued at 180, sure…probably.
But at $100 a share?
Before the split that would be $2,000 a share, which is literally the price from 2019 before the Fed really started fucking things up. I think back then it was a fair value, and taking into account the MASSIVE amount of inflation we’ve seen lately, in tandem with Amazon’s growth, $2,000 a share seems too low.
yao97ming t1_je75vd1 wrote
In 2019 they had Jeff Bezos brother
Optionsgamble t1_je6qwju wrote
You bought Amazon at 153x earnings that’s genuinely insane and is extremely overvalued a good valued is 20 maybe even 40x Amazon has a long way to fall to be fair value and that’s not even comparing the recession that will lower earnings further. First an Eps collapse than a p/e collapse
Paradox68 OP t1_je7bfr5 wrote
Source?
Also no offense or anything but I’m not going to take any financial advise from someone who can’t distinguish (then/than). Have a good day though
Optionsgamble t1_je7bnog wrote
Look at the P/E ratio… idk any broker you use tells you also no offense not going to care to link on someone who is too lazy to check a P/E ratio on an investment
sweetw0r t1_je90pfb wrote
I can distinguish words. Would you take mine?
Paradox68 OP t1_je9zzf0 wrote
Not even a little bit.
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