Wednesday, April 27, 2011

That's a Pretty Serious Teflon Market

When a stock misses EPS by 17 cents, and acts like this - you know the bears have little shot...

  • Oppenheimer analyst Jason Helfstein said Amazon "continues to be a story of contradictory themes." While revenue modestly exceeded expectations, its profit margins continue to worsen due to expanding distribution centers around the world and the "aggressive marketing of Prime, its premium membership program that charges $79 a year for free two-day shipping and low-cost next-day shipping.
No position

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