The Company burned through over
$4 billion in cash in Q1. This is because it has to sell its products
and services for less than it costs to put them up for sale and deliver
them. I have documented this in fine detail in my report. AMZN issued
$6 billion in debt at the end of 2014. 2/3’s of that have already been
spent. It is using accounting gimmicks to present an operating income
number that is not real. This is an epic opportunity to short this
stock for a short term gain.
This stock reminds me of Commerce One (CMRC). Anyone remember that
one in 1999-2000? It ran from $10 to $600. It was out of business
about two years later but it plunged when the NASDAQ plunged in the
spring of 2000. This entire stock market is set up to plunge. GOOG is
up today on big misses across the board. AMZN will drop like 100 lb
weight disc dropped off the Empire State Building.
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