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Paradox68 OP t1_je61gyx wrote

Reply to comment by bradyo164 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68

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.

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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

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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

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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

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