- advertisements -
You spoke too soon, Tyler. AMZN has nearly halved its after hours loss. It's just a fucking joke at this point. Big earnings miss=don't expect to hear about this on CNBC tomorrow except maybe a 5 second sound byte about buying the dips. They are talking about it now, though. But by tomorrow it will all be pushed to the trash bin just like NFLX today. No one really mentioned how the stock tanked bigtime. It was all about "3 year highs!"
Down 2%. Look out below.
Yeah, it doesn't matter. Stocks to the fucking moon. As for Amazon, BTFD, at a 1,000 times earnings it's a fucking steal compared to the bubble silver is in, even though of course none exists anymore.
Business Model Alert!
sales booming; margins won't cover fixed expenses & $4.4 Tril. of free shipping.
I thought I was the only one who remembered Value America. Internet retailers are great at killing margins, especially their own.;)
in 48 hours this will be forgotten about and up it will go.
$180mm of stock based comp is an "add back" as if it were non-recurring....
Cute. It's one of the trix to rig reports
What are all of those narrowly placed green saw-tooth squiggles going rapidly up and down on Tyler's AMZN chart? Somebody explain. /sarc
Let us get organized and do something activist about this disgusting shit: Every ZHer in the world, please short sell AMZN at 9:30 am tomorrow, all at once, with all of your dry powder. This type of obscenity deserves to be punished. Take down AMZN!
Somebody slap me if i'm wrong, but I think the whole point of Tyler emphasizing the EPS miss is that inflation is now visible in the evaporating profit margins, and slashed forward operating income of a major non-manufacturing company. Not a good sign for the overall "recovery."
God i feel like a three year old saying this but I dont think people are getting the significance.
I'm sorry, did you say something? I was sorta staring at cleancog's avatar...
Yes, we know that--it is a recurrent and powerful trope here at ZH. We are just reacting to the lack of normal price discovery reaction to this obvious proble going forward for AMZN.
CNBC was hyping Barnes and Noble earlier. What an f---ing joke!
Liesman was last seen clogging up a toilet at a gas station down the road
Liesman lubing up his lips for his bearded lover man, BB. "Ohhh Steve, you sure do have a pretty mouth!"
Lies-man & The BernankPresident and the Grand Poobah of the International Order of Cue-Balls...
Lloyd Blank-dick-fein is Head Sexton...
Yet, by some miracle, the stock is down only 2% AH. Absolutely amazing how a high PE stock like this misses so badly and the shares bounce back sharply from their AH lows. The stock did the same exact thing in Q2 last year, where it missed horribly and was down 15% AH at one point only to close almost flat for the day. Margins were horrible then as well. They will attribute the margin compression to investment back in the business.
we've seen it before. "it was called the 90's." these companies HAD NO REVENUES...let alone profits. One of my favorite terms actually is "vapor-ware" in case you're wondering. Of course "if you simply stayed away" you missed "the sudden appearance of revenues and profits beyond belief" too. "it is fundamentally an act of faith" of course and i'll leave the soap box at that. "Amazon" has a strategy to grow the business. Some "little guy named Jobs" is "horning in." But "there was no market for this thing called an e-reader until Amazon created it." What's the potential? Well "take a look at the revenue line and learn something stupid." And I am not calling any of you here stupid. I'm calling THE MONEY stupid. As in "this is business 101"--"be the first to the market ALWAYS." That is ESPECIALLY true when "CREATING A MARKET WHERE NONE EXISTED BEFORE." The fact that "we don't know means dough."
And I spoke too soon as well...within 30 min this thing should be green. It's a fucking joke. Dow +250 tomorrow, book it. Doesn't matter if Ben raises rates 5%, announces QE3 and 4 are a-go, or if Japan blows up overnight. The Dow must go up. Buy the fucking dip indeed.
Ahh yes but it's extremely short sighted policy. Because margin squeezes hurt small biz first. Which ultimately translates to decreasing demand as constrained US consumers get more constrained. And of course the spill over into rising costs is intentional and more destructive in light of declining real incomes and small biz earnings.
I rarely give CNBS credit, but Santelli today was ranting about how the market no longer functions as a forward discounting mechanism. And that, friends, is essentially the end of capitalism. We've morphed into something else. The step is usually irrevocable.
That "something else" is no different than we saw in Zimbabwe or Weimar Germany - the market is the inverse of the currency it is priced in.
Nothing a little POMO and QE 3 to the tenth power won't cure. Every bit of bad economic and corporate news is good news for QE 3.0.
Bernanke to America. "Come on America. Make me write bad checks."
So funny that most rationalize that QE will fix the "broken wheel" or make them richer in some way. America is the circus and the clowns are aplenty.
And now Broadcom gets smacked!
Yeah BRCM is getting bitch slapped AH, but don't worry they just haven't found a way to spin the numbers yet. Give it about, oh...5 minutes or so?
Annnnnnd yeah I spoke too soon yet again. AMZN is now green in the AH. Un-fucking-real. So now you most certainly will hear all about this amazing profit report on Bloomberg and CNBC tomorrow, in between the coverage of the circle jerk Fed press conference featuring Liesman and Uncle Ben.
Anybody read Eric Janszen over at iTulip? Fascinating commentary today regarding the gold window opening down the road. Guy has been pretty incredible in terms of the macro events over last decade plus.
...and it's green.
Heh, look how fast AMZN bounced back.
Another horrific day for the "Armchair Anarchists" who saw 90% of all stocks go up, but the PM stocks imploded and GLD and SLV went down.
John Hathaway, Eric King, Rick Rule, et al must be at their wits end, staring at the screen in utter disbelief.
Another great hindsight call robo. You truly are a legend in your own mind.
If he wasn't right you'd be.
RT has been robotic about the mining stocks, recently.
today, doug casey put this piece up on goldSeek: QE2 and the Fate of the U.S. Economy - GoldSeek.com
the 4th chart down is: "Gold vs. S&P/TSX Venutre Composite"
you know you are a little tool right?
Yeah but you didn't make money today on all the BORING industrials that really are jacking earnings off the weak dollar. Active vs passive investing vs dollar positioning yeilds success. You don't have any.
I'd love for you to respond one time. No technical damage done at all. Silver still didn't break the 9-day.
Dont expect a response. Hes the paid troll of ZH to get traffic up. Every bit helps. Just poke him and have fun but remember why he is here.
I'm starting to believe that, actually. Sad what has happened to this site.
Wow I thought you had bailed into the ether. Nice to see you ghost.
Hmmm, whats it pay - I could chearlead all day for the right price. :-)
"take it off, let's see those things." actually, i might be quoting myself on that one. still....
Yup, utter disbelief that silver could be at the astronomical highs of last week while morons like RobotTrader and the troll brigade act as though silver had dropped 90%.
I'm not sure why so many people are obsessed by the minute by minute moves in silver or any other asset for that matter. It's irrelevant unless you update your net worth on a realtime basis. Prices change constantly, but value is ultimately reached over time.
tmoseloser doesnt own any silver. he bet it all on ghold. (goold plus 28% last 12, silver plus 157%-WSJ). I love the misery of jackasses.
Yes, the bottom in silver slammed us all the way back to a price we last saw...5 days ago.
Goddman it Robo, stop phoning it in; it's like you're not even trying anymore.
It's almost like he is just a script on a VM.
I like amazon bitchez. Not the stock, just the tax free stuff.
edit: (amazon bitchez, that's a good one!)
Tips: tips [ at ] zerohedge.com
General: info [ at ] zerohedge.com
Legal: legal [ at ] zerohedge.com
Advertising: ads [ at ] zerohedge.com
Abuse/Complaints: abuse [ at ] zerohedge.com
Advertise With Us
Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide
How to report offensive comments
Notice on Racial Discrimination.