KarYong

Is Amazon Really Worth So Much?!

NASDAQ:AMZN   Amazon.com
Latest news released today: At a media event Thursday, Aug. 4, in Seattle, Amazon took the wraps off its first “Prime Air” branded plane, a Boeing 767 owned by Atlas Air that has been converted into a freighter. Amazon announced deals with two aircraft leasing companies — Atlas, and another called Air Transport Services Group, or ATSG — earlier this year to fly as many as 40 dedicated cargo planes over the next two years. Eleven are already in operation; this is the first one that’s been painted.

www.recode.net/2016/...azon-prime-air-plane

However, Amazon Com Inc Senior Vice President and an insider Jeffrey Blackburn a few days ago sold 10,000 company shares worth $7,609,764 at the average stock price which was $761.0.

www.consumereagle.co...nc-nasdaqamzn/89945/

With Amazon Trailing 12M 2016 Net Profit Margin of 1.601, is Amazon really worth so much?!

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