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Well, that's just your opinion, man. 200:1 P/E is kind of an outrageous thing...
by ci5er 9y ago
Well, that's just your opinion, man. 200:1 P/E is kind of an outrageous thing...
- newscracker 9y agoJust P/E by itself does not say anything. Amazon was at around -3000 or more at some point and people were still buying it and pushing it up (this continues to happen even now, with Amazon's P/E being around 297 as of this very moment whereas Netflix is about 209). Even the P/E projections for the next two years look significantly favorable with Netflix than with Amazon. The businesses are very different, but P/E as such is just one measure of market sentiment on a stock.
- ci5er 9y agoI imply that the market (in places) is retarded - and you respond by telling me that it's also retarded in other places too? If so - fair enough - I agree.
- deleted 9y ago[deleted]