Friday, March 15, 2013

AMZN: If Amazon Is So Overvalued Why Does Google Want To Be Like Them?

If Amazon Is So Overvalued Why Does Google Want To Be Like Them?
by Money Investor

Spend some time on Seeking Alpha researching Amazon (AMZN) and it may seem clear that the bias is clearly negative against the stock. The problem is that, for the negative bias to be worth listening to, it should be more focused on the business side of Amazon and not the valuation of its stock price. You find far fewer people making the argument that Amazon offers terrible products or service. The opposite appears to be true. Those same people that are so bearish on the company from a market valuation standpoint might be ordering something from Amazon in between their next negative rant about its valuation. read more »

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