What do ya’ll think about selling AMZN stock? Currently trading at $110 Blind tax TC:275
Amazon is stable
Stable at 100. 😂. I was hoping 175
With so many S team folks leaving Amazon, I am not too sure.
If you notice, Jassy isn’t f*cking around. He is strategically kicking out those that didn’t show results. Rest of the VPs, Directors leaving is happening in other companies too but at Amazon we hear a lot because we have relatively lot of employees in the company. Short term no one can say what it will be like. Long term, PERSONALLY, I am confident about Amazon going back up to $185 - $200 price range, assuming our investments work out as planned.
There’s no outlook in amazon stock. All businesses are unprofitable or have extremely tight margin besides AWS and Ads. With inflation it only makes the situation worse. Sold all my Amazon shares when it was $3k.
Smart move. Yea super tough to come at 150 levels
Amazon crushed by inflation
My only long-term concern would be if the federal government required Amazon to split from AWS