What's up guys,
Have a look at AMZN's PE ratio. It is back above 300. With QT and the unfolding recession, people will be spending less. Therefore, AMZN profitability will decrease. The technicals are bearish, the fundamentals are bearish, I would not be buying this stock. If anything, I would be shorting it.
-YoungShkreli
Have a look at AMZN's PE ratio. It is back above 300. With QT and the unfolding recession, people will be spending less. Therefore, AMZN profitability will decrease. The technicals are bearish, the fundamentals are bearish, I would not be buying this stock. If anything, I would be shorting it.
-YoungShkreli
Commento:
Would short here again.