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Hacking_the_Gibson t1_j27bul4 wrote

The problem with handling Amazon earnings since EOY 2021 is that shit stick RIVN bet they marked to market for a blowout Q4 and then got massacred in Q1 2022 on.

The fact is that Amazon's revenue has doubled since 2017/2018, which is the last time you could buy the equity at $85ish. Considering they figured they could cut 20,000 people, I imagine they have plenty of net income they can squeeze out before their core businesses start to suffer.

If it does drop another 20%, I will be pleased as punch because that means I will virtually triple my money over the next 3-5 years.

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