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Prestigious_Ear_3737 t1_jedbobi wrote

You asked for people's opinions yet you counter everyone who tries to answer you. You need to read some history on how the market performs during QT. Forget forward looking during this period. The market capitulates after the first rate cut. Amazon will probably go to about $60 a share, minimum. Fundamentals are also important. They trade at way too high a P/E.

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Paradox68 OP t1_jedbqew wrote

I’m not countering everyone I’m sharing my opinion in a reply.

Oh shit I just did it again.

Also $60 a share? Lol you mean $1,200 pre-split? Jesus Christ you are such a 🌈🐻

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Prestigious_Ear_3737 t1_jedcln6 wrote

Yes, $60 and that's if you are lucky. I went thru the dot com bubble. Did you research any bear markets? Do you know Amazon went from about $100 to about $10 then. Did you check to see what it did during the GFC?

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Paradox68 OP t1_jedf2ec wrote

Don’t you have to go be stupid someplace else?

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Prestigious_Ear_3737 t1_jeeg7dt wrote

I am sorry you were not interested in serious replies to your inquiry. My replies to you were thoughtful and based on history and fundamentals. It is sad that you are not open to learning or researching your positions. You are most likely doomed to losing.

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Paradox68 OP t1_jeem8om wrote

Based on history huh? You pulled a number out of your ass, dude. There’s no history that would indicate anything like that happening unless there was a complete market crash. I choose not to subscribe to your 🌈🐻 beliefs, that doesn’t make me sad. Quite the opposite. Thanks 🙏

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