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  • AvatarSteve Strickland
    Participant
    Post count: 2

    When should we get on amazon?
    Do u think it’s going to go crazy in the next year?

    Jerry BeersJerry Beers
    Participant
    Post count: 13

    It could go crazy, but that’s not what Sean has taught us to look for. We look for stocks that are “on sale” – that are at a deep value. Its forward PE is 65, which is astronomically high, so it’s not really on sale.

    Sean HymanSean Hyman
    Keymaster
    Post count: 806

    We don’t get involved with stocks while they’re in bubbles that will likely pop because they carry massive downside risks. Additionally, the stock has been overly-loved and overly-owned. Therefore, there’s no value to be had there.

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