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Once simply an online purveyor of books, Amazon.com has become a marketplace for just about anything you’d want to buy.
Way way way too high. Fantastic company but this PE is way out of line in tentative markets. Added to that, it doesn't pay a dividend. When investors flee to safety when Greece defaults this could tank hard. Don't get me wrong, this company is doing everything right and I believe in it's long term success, but it is just priced way too high for my liking.
Ticking time bomb.
Just missed and the street is punishing as usual. Add to this setback, the previous drops in price and I will be taking a pass until further notice
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