Quick note on our nation's leading e-retailer, Amazon.com (scroll down for long term price chart). As I mentioned on Twitter tonight, I've never really followed Amazon or its stock closely. To me, the ongoing debate between bulls and bears re: Amazon's profits (or lack thereof) is just an interesting case study of the market weighing disparate views. So far, the market's "weighing machine" has largely been pointing towards the bullish side of the scale, at least where AMZN is concerned. Here's the New York Times on Amazon's third quarter earnings report. " Amazon’s third quarter followed a familiar script: it sold vast quantities of things, lost money while doing so, and investors were delighted. Revenue was $17.09 billion, up 24 percent and about $400 million more than predicted, the company said Thursday. But all that volume could not yield a profit. Amazon lost 9 cents a share, or $41 million, just like as had anticipate
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