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Amazon 2015 Q4 Results Were OK, After Market Trading Hilarious — Analysts Estimates Are SO Bogus.

by Anura Guruge


amazonjan282016

From ‘marketwatch.com’. Click to ENLARGE and view here.


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From “New York Times” — see below for link to original. Click to ENLARGE and read here.

Click here to access “New York Times” original.


Amazon in 2015 Q4 had hugely impressive revenue numbers, 22% up, and made a profit of $1/share.

That is pretty damn good.

So what is the supposed problem? These numbers missed the so called ‘analysts estimates’. So bloody what? Analysts estimates are bogus. Made up. Pie-in-the-bloody-sky. They mean nothing. I have never paid any attention to analysts estimates — because the word says it all, ‘ESTIMATES’.

The after market trading was hilarious. Yes, as I have said before I own a fair number of Amazon shares. Amazon is my biggest financial holding. Even after it lost $85 (on paper) in after market I still have an investment in AMZN which is greater than the value of our house (which, of course, is a very modest dwelling). But the after market trading did not faze me in the slightest. It actually just amused me no end. Yes, I am an addicted option trader. This type of irrational volatility is a sheer boon for option traders. I feel BAd for the amateurs. They are the ones that suffer in crazy scenarios like this. Tomorrow morning so many will sell on fear. The professionals, including I, will trade that fear. I might even buy more shares.

People have to stop listening to analysts. What do they know? What did they get right over the last 40 years.

Do your own research. Play your own convictions. 


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by Anura Guruge

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About Anura Guruge

See 'The Blogger' on my https://nhlifefree.com/ blog.

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