AbnerKeppel
01-25

$Amazon.com(AMZN)$ Realize the game here people. 50 million shares a day on average. Meaning 7.5 trillion trades daily. The guys that need to swing a billion to really make money can't do it in the majority of the S&P 500 companies without moving the price too much...so they play here for pennies and nickels each share running statistical arbitrage.

If you look at the valuation here, it is laughable and has been laughable for decades. The game is trading volume, no matter what the valuation is...that is the game of Wall Street. Be cautious, as a fair value here is closer to a 50% drop. But yes, you can talk if you hold different opinions.

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