~7$/share drop in 1 day. That’s a lot of money.

What would you do?

Would you buy? I know I would. I trust the giant.

Amazon Shares Plunge, Weighing on Nasdaq – Preview
“ shares fell 22% to a three-year low Wednesday after the online retailer posted a 58% profit decline, while the Nasdaq Composite Index drifted lower following a two-day rally”

Stock Dip on the Day |
“Amazon (AMZN: 26.56, +0.30, +1.1%), the world’s largest online retailer, disappointed analysts and investors late Tuesday. Sales incentives like discounts and free shipping drove revenues 22% higher than the year-ago period, but the costs of those sales motivators proved too great, and net income dropped 58%, causing the company to miss analysts’ estimates.”


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: