Kindling Finally Micturated On - Amazon Grace Expires As Stock Plummets
It appears the Derek Zoolander Center For Children Who Can't Read Kindle Good And Want To Learn To Go Long AMZN Stock good too (and must be at least this big), is just not gonna get built after all. And so America's brief infatuation with yet another fad draws to a close. All AAPL fans: keep an eye on this one. Don't worry though, both Amazon and Apple will pass the ECB's stress test with flying colors.
Here is some perspective on Amazon from Jim Cramer circa April 26, (courtesy of Benzinga):
Jim Cramer said on CNBC's Stop Trading, Listen to Cramer that Amazon.com (NASDAQ: AMZN) will go to $150.
He thinks that we had a little bit of shake up in this stock because people thought that Amazon (AMZN) did not give a good level of guidance.
Cramer added that Amazon (AMZN) is a prime online retailer and AMZN has perhaps been sandbagging investors with the guidance. He believes that Amazon (AMZN) is ready to go up now, and its story is not even similar to Google (NASDAQ: GOOG) which lost China.