02-05-2018, 01:18 PM
(02-05-2018, 12:13 PM)ViPER1313 Wrote: Who here feels that current market valuations are in line with reality? Tesla was briefly worth more than GM and has shipped almost 0 model 3s. Amazon selling for close to $1500 a share. People were reverse mortgaging their houses to buy bitcoin.
Stock values are a prediction of future earnings.
Explain to me why Amazon is NOT worth $1500/share?