21/05: Is Amazon.com Stock getting ready to crash?
Category: eBay/Auction site news
Posted by: froglog
Amazon is obviously not worth 60-times earnings.
Wall Street analysts decide what they want their DCF models to say Amazon's stock is worth and tweak their assumptions accordingly, not the other way around. (It's the same for all stocks, by the way. That's why, why Google goes to $700, analysts have $800 targets, and when it goes to $500, they have $600 targets, and so on).
If the company's future isn't as bright as Wall Street assumes, the stock will tank.
And so on...
Continued
Wall Street analysts decide what they want their DCF models to say Amazon's stock is worth and tweak their assumptions accordingly, not the other way around. (It's the same for all stocks, by the way. That's why, why Google goes to $700, analysts have $800 targets, and when it goes to $500, they have $600 targets, and so on).
If the company's future isn't as bright as Wall Street assumes, the stock will tank.
And so on...
Continued
