Another of the feds play toys. To give the impression of a recovery/strong markets.....IMHO as always LOL
Submitted by Tyler Durden on 07/26/2012 16:39 -0400
PE Multiple
Amazon's AH stock price may be up or down, or sideways, but here are the three charts that make us scratch our heads as we valiantly try to explain how a company which just said it will have 'Operating income (loss) inbetween $(350) million and $(50) million" and currently has a 263x P/E, is worth anywhere close to where it is trading.
First, here is AMZN's total employees and worldwide sales growth. The blue line is self-explanatory. The red one shows that the firm has grown its employees by 150% in the past two years.
more,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
http://www.zerohedge.com/news/visual-summary-amzn-263x-pe-multiple-12-operating-margin-7-million-net-income-and-69100-employe?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
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Thu, 07/26/2012 - 16:47 | 2654573 Central Bankster
Central Bankster's picture
But here is the rub, in a completely manipulated market, which is constantly being fed new money to purchase securities, who cares if a company even makes money. The whole market is a casino and it is entirely the fault of the Fed for not allowing assets to be priced based on cashflow and earnings, because that requires the market ponzi to collapse.
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