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The Derek Zoolander Center For Children Who Can't Read Kindle Good And Want To Learn To Go Long AMZN Stock Good Too

Tyler Durden's picture




 

You mean not every American bought 10 kindles last quarter? $116 better hold or then it is straight down to $100 and lower. And just in case the shorts don't get squeezed, the management announced the oldest trick in the book: a $2 billion share buyback. At 40x forward PE this seem like a total steal for management.

 

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Thu, 01/28/2010 - 17:23 | 209929 Commander Cody
Commander Cody's picture

Yikes!  What the heck happened?

Thu, 01/28/2010 - 17:35 | 209949 GlassHammer
GlassHammer's picture

It's a walk-off!

Thu, 01/28/2010 - 17:50 | 209976 dumbquant
dumbquant's picture

Its the old Member's Only warehouse.  You outta know, you're a dinosaur

Thu, 01/28/2010 - 21:15 | 210308 Anonymous
Anonymous's picture

"Apple" is what happened. They released the iPad, and have agreements with a bunch of publishing houses to sell books through the iTunes Store directly to the iPad.
--Jack

Fri, 04/01/2011 - 11:48 | 1125247 Sun_Tzu
Sun_Tzu's picture

I'm reading this article on a Kindle 3g ... I don't think it was designed for this.  I may have to get an iPad too, lol.

Thu, 01/28/2010 - 17:24 | 209930 phaesed
phaesed's picture

I think they'll pass a new stimulus bill to fix that.

Perhaps John Kyl will propose that amendment.

Thu, 01/28/2010 - 17:36 | 209951 Dixie Normous
Dixie Normous's picture

It's good that AMZN stays around.  It acts as a clear reminder of the cowboy days of the internet bubble: down $10 after hours, no problem, $12 bounce in 15 minutes.

Thu, 01/28/2010 - 17:39 | 209959 cougar_w
cougar_w's picture

That has "iPad" written all over it.

Thu, 01/28/2010 - 17:40 | 209960 Daedal
Daedal's picture

$129 now.

Thu, 01/28/2010 - 17:47 | 209968 divide_by_zero
divide_by_zero's picture

After seeing the iPad, they should get a bounce, even the Mac heads are clowning it.

Thu, 01/28/2010 - 17:48 | 209975 master_of_puppets
master_of_puppets's picture

wait, so i should buy or short???

Thu, 01/28/2010 - 18:00 | 209997 Anonymous
Anonymous's picture

not sure what you should do, but I'm shorting (avg. at $126) ... so, why don't you go long so that between the two of us well break even

Thu, 01/28/2010 - 17:52 | 209979 Anonymous
Anonymous's picture

Wait, BBerg was looking for 1.07 but I/B/E/S looking for .72. so, probably inline for the quarter. Sounds more like an analysts missed this one. 40X probably is a steal for this stock. Such is life.

Thu, 01/28/2010 - 17:52 | 209980 Anonymous
Anonymous's picture

stocks back up....

Thu, 01/28/2010 - 17:53 | 209981 Coming Down in ...
Coming Down in Powdery Sparks's picture

God I hate this fucking stock.  I am going to take it to my grave.

 

www.cretincountry.blogspot.com

Thu, 01/28/2010 - 17:56 | 209986 Chopshop
Chopshop's picture

quite possibly a top trois title of all's times.  kangols way the f off.

Thu, 01/28/2010 - 17:56 | 209987 Anonymous
Anonymous's picture

Up $3.37 after hours.

Thu, 01/28/2010 - 17:57 | 209989 Anonymous
Anonymous's picture

+130 now. Really?

Thu, 01/28/2010 - 17:58 | 209993 Anonymous
Anonymous's picture

Anybody know how they get their accounts payable so high (relative to inventory and costs)? Seems like a lot of their cash comes from there ...

Thu, 01/28/2010 - 18:00 | 209998 Anonymous
Anonymous's picture

Ouch, now at $130.

Not sure how a posting could be more off-base in a shorter period of time.

Thu, 01/28/2010 - 18:02 | 210001 Anonymous
Anonymous's picture

I guess someone is gonna have to eat his words...
Stock is at 130 already. Surely the drones are taking over.

Thu, 01/28/2010 - 18:03 | 210006 Racer
Racer's picture

I have told people not to give me any more amazon vouchers and I won't buy from them either as they often mark up prices by 30% and cheaper elsewhere

Thu, 01/28/2010 - 18:07 | 210017 barthezz
barthezz's picture

the press is working full force.. back @130

Thu, 01/28/2010 - 18:29 | 210032 carbonmutant
carbonmutant's picture

 Gee, is a B&W Kindle DX really worth $489?

Thu, 01/28/2010 - 18:18 | 210038 monopoly
monopoly's picture

Covered my
AMZN short yesterday but want to get back in. Did you say you are going to take it to your grave or it is going to Put you in your grave. Either way, it is one impossible stock. Hmmm, now if Tyler shorts it. Hmm.

Now that benny is in we know that we will all go nuclear soon. I think we all need to make sure our trusts are in order. This is so freaking insane it makes Avatar look normal.

Thu, 01/28/2010 - 18:23 | 210050 RonnieHonduras
RonnieHonduras's picture

holding firm at $130.~   You know, $ 0.85 / share is rippin' it.

 

Thu, 01/28/2010 - 18:31 | 210069 Anonymous
Anonymous's picture

Don't worry kids, Uncle Ben is back. Fuck PE and Pattons war charts. Buy , buy, buy. Bens got ya covered.

Thu, 01/28/2010 - 18:43 | 210092 Unscarred
Unscarred's picture

Off topic:

 

House.gov Gets Hacked

At least 49 official Web sites for House lawmakers on both sides of the aisle have been hacked and laden with insults toward President Barack Obama.

“Fuck Obama!!!” read the home page of Missouri Democratic Rep. Russ Carnahan, according to a screen grab caught by the National Journal’s Hotline blog.

Thu, 01/28/2010 - 18:49 | 210107 Hephasteus
Hephasteus's picture

It's alright. All the hackers are from mythical stimulus laiden districts so no real damage has been done. It's probably one guy who bombed a few senetors web sites and they have to turn it into a super international ring of cyber terrorists with massive amounts of resources that requires huge monsterous armies to defeat but first we have to go kill all the little girls and boys in some country who are "enabling" them by successfully scavaging for dirty water to drink.

Oh it's from brazil. It's just the CIA. They are harmless.

Thu, 01/28/2010 - 18:59 | 210132 Anonymous
Anonymous's picture

Uh... sales were UP 42% YoY.

I thought no one was buying anything?

Amazon must be selling GOLD... to Kindle.

-BBH

Thu, 01/28/2010 - 19:43 | 210199 Anonymous
Anonymous's picture

Apple renaming iPad the iDouche

Thu, 01/28/2010 - 21:00 | 210293 greg merrill
greg merrill's picture

Zoolander - -

best

film

ever!

 

Thu, 01/28/2010 - 21:56 | 210353 Tahoe
Tahoe's picture

absolutely.  or did you think I didn't know what a u-googly was?  how many abinidiginals do u see modeling!

Thu, 01/28/2010 - 22:43 | 210388 Instant Karma
Instant Karma's picture

Probably not the best use of shareholders money to be buying back stock overvalued by a factor of 2 or so. Good way to scare the shorts tho. This isn't 1999 is it?

Fri, 01/29/2010 - 00:26 | 210497 Anonymous
Anonymous's picture

Jeff Bezos, the original criminal, responsible for all the misery of the past 15 years of sacking the middle class. Someday, someone will figure out this is where it all started; it's Amazing that the crooks have been able to play this hand for this long...

When it first went public, they had bloggers convince the new generation of internet traders to short it, all the while controlling the relatively miniscule float absolutely--all that leading to an ability to send the price to whatever artificial level they desired, and thus pawn off $4 billion worth of bonds, giving them enough time to make the business work.

Think you could eventually make a successful business if someone gave you $4 billion and said "see if you can come up with an idea"?

Amazon, the most overlooked crime in American history.

Fri, 01/29/2010 - 02:54 | 210586 Anonymous
Anonymous's picture

Read the cover of Barrons circa 1998 or so.... "Amazon dot bomb"....

Fri, 01/29/2010 - 03:04 | 210590 jesus
jesus's picture

You gotta spend money to make money...

 

Fri, 01/29/2010 - 10:51 | 210821 colonial
colonial's picture

That Kindle has to be at least....three times bigger...to help AMZN

Fri, 01/29/2010 - 20:47 | 211602 Anonymous
Anonymous's picture

This is the funniest headline I've read in a year.

Mon, 07/25/2011 - 08:50 | 1490184 mediaprizm
mediaprizm's picture

Kindle Wireless Reading Device that uses a wireless connection, users can buy, browse and read e-books, newspapers, magazines, blogs, download, and other digital media.

Do NOT follow this link or you will be banned from the site!