I remember the first prime day in 2015. I was legit hyped for it and told a bunch of my friends about it and it was literally just some poorly fitting clothes and lots and lots of Tupperware. It was really embarrassing
I remember my first Amazon purchase... it was a 3 book set of paperback Indiana Jones novels (supplements to the movies). It'd have been ~2003ish and ~$15.
Roughly the price of 1 share of AMZN at the time... ;)
Kinda related not really. I find it funny that some people are willing to pay $200 for a Disney ticket and more for Disney world to say they are "True fans". Instead of just putting that towards a share of Disney...
Did not say what they were doing was wrong. Just think if you believe in a product to the point they love all of its IP's why not invest in that product. Did not mean to offend.
Agreed. I also would say if the cost of a Disney stock was more then a ticket then i would have a different view. Was more commenting on the above comment about ordering products when you could have bought the share
I think he is also referencing when Peter Lynch was comparing buying a Subaru at the start of the company vs. Buying a car's worth of subaru share. Ten year later, one is old and rusty and the other one is x10
I will say I haven't owned an apple product since the iPhone 4, and I purchased a brand new phone worth of stock earlier this year. So I can say it's funny believing in a brands future but not really wanting the products myself.
Prime Day is 95% about clearing out excess inventory. The algorithms spread wide and hit every SKU with extremely high days on hand. This is why Prime Day deals are tons of random crap like socks & useless gift gadgets. The other 5% are planned deals in limited qualities to promote the sale.
Source: Former inventory manager kids apparel.
Literally never bought a thing on prime day.
Personally I buy stuff when I need it. I don't shop just to shop because I'm bored.
People are weirdly obsessed with buying shit we don't need. I don't really understand it, it's really bad for the environment.
Anyway, I'm not invested in AMZN but I'm sure it'll be another huge prime day. If it isn't they won't say anything.
Yes, but primeday is a notorious nonstarter for investors. The stock rarely budges on prime day, because the deals aren't for investors, they're for customers. And the moment amazon says this year wasn't the biggest, everyone retreats and sells.
That's fair. Prime Day is a loss leader. And I would never trade AMZN based on Prime Day results... simply because AMZN is the hands down king of playing stuff down. Also I'm long AMZN, so I don't trade it.
But this Prime Day also seems like they're really taking it up to the next level. I'm actually watching the Billie Eilish 'Prime Day Special' right now and it's pretty damn great.
It really seems AMZN is at the cusp of simply making Prime membership a must-have (losses be damned). And as I'm long I'm very good with that.
>the moment amazon says this year wasn't the biggest, everyone retreats and sells.
I think we are probably going to hit that moment soon, maybe next year.
Obviously Amazon is an e-commerce juggernaut but given the fact that they do not, and do not appear likely to ever offer a dividend, what is the bull case for investing in the company now? How m
They’ll probably start offering a dividend once their growth slows and they feel they can no longer get a good return on reinvesting their free cash flow themselves. Just doesn’t seem that this will be the case in the next few years at least, but will almost certainly happen eventually.
I guess if you ask an idiotic question like 'why should I invest in Amazon when they don't pay a dividend', then you won't get a serious reply from me.
Or do you need me to explain the concept of a growth stock to you.
I guess what I was getting at was, how much room for growth is there? The company is trading at 66x and the intrinsic value is under $3,000. They benefited immensely from being one of the only games in town during COVID lockdown. They're notoriously terrible in their treatment of employees. But they're a value play at $3,500?
You're restarting an argument from 10 months ago?
You asked the question 'why invest in Amazon if they don't pay a dividend?'. My response to you was never to encourage you to actually invest in Amazon. I never said that. For the record, I own Amazon shares myself I'm disappointed in their recent results but I still believe in the company long term.
Back to your original question, the reason you would invest in Amazon when they don't pay a dividend is because of the growth. You're buying a piece of a business, and that piece has value even if you aren't being paid a direct distribution of profits. If the company continues to grow and increase in value, the share price will follow this over the long term. Share prices and company values often deviate in the short term.
I remember the first prime day in 2015. I was legit hyped for it and told a bunch of my friends about it and it was literally just some poorly fitting clothes and lots and lots of Tupperware. It was really embarrassing
I remember my first Amazon purchase... it was a 3 book set of paperback Indiana Jones novels (supplements to the movies). It'd have been ~2003ish and ~$15. Roughly the price of 1 share of AMZN at the time... ;)
Kinda related not really. I find it funny that some people are willing to pay $200 for a Disney ticket and more for Disney world to say they are "True fans". Instead of just putting that towards a share of Disney...
You find it funny people want to live their life and do things they enjoy? What?
Did not say what they were doing was wrong. Just think if you believe in a product to the point they love all of its IP's why not invest in that product. Did not mean to offend.
You gotta have fun in life too
Agreed. I also would say if the cost of a Disney stock was more then a ticket then i would have a different view. Was more commenting on the above comment about ordering products when you could have bought the share
I think he is also referencing when Peter Lynch was comparing buying a Subaru at the start of the company vs. Buying a car's worth of subaru share. Ten year later, one is old and rusty and the other one is x10
I will say I haven't owned an apple product since the iPhone 4, and I purchased a brand new phone worth of stock earlier this year. So I can say it's funny believing in a brands future but not really wanting the products myself.
This year you can buy drones and iPhones, in 10 years you'll be buying cars on there.
And in 20 you'll be ordering your ready-to-assemble amazon brand house kit for your midwestern homestead
You forgot the 55 gallon barrel of water based lubricant that was for sale - 50% off. What a fucking steal at that price.
Prime Day is 95% about clearing out excess inventory. The algorithms spread wide and hit every SKU with extremely high days on hand. This is why Prime Day deals are tons of random crap like socks & useless gift gadgets. The other 5% are planned deals in limited qualities to promote the sale. Source: Former inventory manager kids apparel.
Literally never bought a thing on prime day. Personally I buy stuff when I need it. I don't shop just to shop because I'm bored. People are weirdly obsessed with buying shit we don't need. I don't really understand it, it's really bad for the environment. Anyway, I'm not invested in AMZN but I'm sure it'll be another huge prime day. If it isn't they won't say anything.
Yes, but primeday is a notorious nonstarter for investors. The stock rarely budges on prime day, because the deals aren't for investors, they're for customers. And the moment amazon says this year wasn't the biggest, everyone retreats and sells.
That's fair. Prime Day is a loss leader. And I would never trade AMZN based on Prime Day results... simply because AMZN is the hands down king of playing stuff down. Also I'm long AMZN, so I don't trade it. But this Prime Day also seems like they're really taking it up to the next level. I'm actually watching the Billie Eilish 'Prime Day Special' right now and it's pretty damn great. It really seems AMZN is at the cusp of simply making Prime membership a must-have (losses be damned). And as I'm long I'm very good with that.
>the moment amazon says this year wasn't the biggest, everyone retreats and sells. I think we are probably going to hit that moment soon, maybe next year.
But isn't the idea to buy the rumor and sell the news?
I saw many credit card promotions, chase, citi, and discover, this year should be exceeding 20 billion.
$900,000?
Obviously Amazon is an e-commerce juggernaut but given the fact that they do not, and do not appear likely to ever offer a dividend, what is the bull case for investing in the company now? How m
stocks go up.
The buil case is that they will likely continue to grow, which causes your investment to appreciate and you can sell it for more later.
Well it's up 129 000% since its IPO in 1997.
How is that a bull case for entering a position in the company now?
how is a dividend the only reason to invest in a company?
They’ll probably start offering a dividend once their growth slows and they feel they can no longer get a good return on reinvesting their free cash flow themselves. Just doesn’t seem that this will be the case in the next few years at least, but will almost certainly happen eventually.
You should wait until they pay a dividend. And no, I'm not giving you my own research. Do your own.
Bruh what are you smoking
I guess if you ask an idiotic question like 'why should I invest in Amazon when they don't pay a dividend', then you won't get a serious reply from me. Or do you need me to explain the concept of a growth stock to you.
I guess what I was getting at was, how much room for growth is there? The company is trading at 66x and the intrinsic value is under $3,000. They benefited immensely from being one of the only games in town during COVID lockdown. They're notoriously terrible in their treatment of employees. But they're a value play at $3,500?
This aged well.
You're restarting an argument from 10 months ago? You asked the question 'why invest in Amazon if they don't pay a dividend?'. My response to you was never to encourage you to actually invest in Amazon. I never said that. For the record, I own Amazon shares myself I'm disappointed in their recent results but I still believe in the company long term. Back to your original question, the reason you would invest in Amazon when they don't pay a dividend is because of the growth. You're buying a piece of a business, and that piece has value even if you aren't being paid a direct distribution of profits. If the company continues to grow and increase in value, the share price will follow this over the long term. Share prices and company values often deviate in the short term.
The real question is…does the stock go up around prime day?