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Amazon reports steep loss after launching bevy of new products, services

By Shawn Knight
Jul 24, 2014
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  1. Amazon on Thursday reported poorer-than-anticipated second quarter results. The online retail giant posted a loss of $126 million, or 27 cents per share - far greater than the 15 cents per share loss that analysts had forecasted.

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  2. Steffen Jobbs

    Steffen Jobbs TS Rookie

    Amazon's share price is down today but within a week or two it should be back up to where it was and then some. Jeff Bezos has very loyal investors backing his company and they won't let the share price languish for long. It good when a company has confident investors. They believe Jeff Bezos is a genius and can do no wrong so they always feel they have nothing to worry about. Only the chicken-hearted investors jumped ship today but the big boys will stick it out to the very end.
     
  3. Skidmarksdeluxe

    Skidmarksdeluxe TS Evangelist Posts: 6,519   +2,062

    Even so I still don't think we're going to be seeing Bezos standing on a street corner rattling a tin cup at passer by's anytime soon.
     
  4. tragicallyhip

    tragicallyhip TS Booster Posts: 84   +9

    Those $1.49 day traders who pump and dump stock all day long scratching to make a few bucks in their spare time, cause real headaches for serious investors.
     
  5. davislane1

    davislane1 TS Evangelist Posts: 3,565   +2,373

    A serious investor wouldn't be concerned with intraday moves.
     
    wastedkill and SNGX1275 like this.
  6. wastedkill

    wastedkill TS Evangelist Posts: 1,392   +329

    Don't think serious investors give a rats *** about stock prices... if your a serious investor you dont care about short term company profit or stupid public stock prices.
     
  7. davislane1

    davislane1 TS Evangelist Posts: 3,565   +2,373

    A serious investor absolutely cares about the stock price. The difference is that they are concerned with where that price will be 1-10 years from now. By contrast, short term traders are interested in the price anywhere from minute to minute to week to week. If we follow traditional investment theory, short term dips in price benefit everybody (effective short term traders capitalize on the short and investors "buy the dip").
     

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