Tuesday, November 30, 2010

Amazon : Head and shoulder above RIMM, Google and Apple

Ref to previous post on "Amazon "as well :
http://tradermarkjournal.blogspot.com/2010/11/amazon-end-of-amazing-run-final-doji.html


Amazon has been rated overvalued by several analyst including this one, Andrew Zacky. Making a fndamental case of way overvaluation of Amazon when comapared to Apple, RIMM and Google. Going so far as in saying, if Amazon stock were to be halved it would still be overvalued and at that time the articles was written AMZN was hovering near $160. Today its $176 with a recent high yesterday of $181.






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