Is Amazon (NASDAQ: AMZN) overpriced?
I am one of the biggest skeptics of this company. I feel like I’m stuck in 1998 all over again and basically this same question has been asked over and over like it was a startup: has Amazon truly made a “profit”? Is the stock worth it’s actual value? Is robots and other distribution centers and very razor thin profit margins by selling everything for almost for free actually valuable? If some box store or mum and pop store who has been closed by this company, and if the numbers are not accurately reported; and the numbers aren’t reported accurately, then is Amazon liable for misleading the public for sketchy numbers? And is Amazon’s Web Services better known by it’s initials as AWS going bankrupt like what Cisco claimed last fall? And how come those numbers are vague?