Are You Invested in America's "Two-Hour Boom" Fast Shipping Stocks? :: The Market Oracle ::
This ended up becoming one of the most laughable things ever said about Amazon (AMZN). And this line isn’t pulled out of some freebie city newspaper… it’s from a 60 Minutes special back in 1999. Amazon’s stock price had surged 4,500% over the past two years. The internet shopping pioneer’s sales were soaring triple digits. CBS and 60 Minutes thought it was one giant bubble. Take a look at Amazon’s stock since then. How did a show that prides itself on facts and analysis get is so, so wrong? Folks Thought Amazon Was Just a Money-Losing Internet Bookstore They...
Source: marketoracle.co.uk
