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But here’s the thing, Amazon is the type of company that most likely beat earnings for an entire decade. It’s not hard to guess at all. Edit: blah, nevermind:
by runawaybottle 5y ago
But here’s the thing, Amazon is the type of company that most likely beat earnings for an entire decade. It’s not hard to guess at all.
Edit: blah, nevermind:
https://techcrunch.com/2019/10/24/after-its-first-earnings-miss-in-two-years-amazon-shares-get-walloped-in-after-hours-trading/amp/ https://techcrunch.com/2019/10/24/after-its-first-earnings-m...
I guess if he dodged those earnings plays, that would build a good case.
- ne0flex 5y agoI remember when I first started trading stocks, I bought Amazon after Christmas 2013 or 2014 in anticipation that their earnings would kill it due to Christmas. I think Amazon was at around $400 at the time. After the earnings report, they dropped about $320 so I freaked out, sold and never touched Amazon again. I still cry to this day.