re: Amazon's Cloud Revenues, Examined
Why didn't you post my honest comments as to why amazon's stock was upgraded. It was not due to any great happenings at amazon- they have been losing money for years. The same analyst that upgraded the stock from Morgan Stanley was the same guy who downgraded amazon at $180.00 per share. Morgan Stanley, along with Goldman Sachs underwrote amazon's recent 3 billion dollar debt offering. The upgrade came as a favor for amazons business. Amazon lost 468 million last quarter and must tale on debt and private equity financing to keep afloat. Other wise, they would quickly burn through their cash on hand. For this investment banking business, the hedge funds and private equity artificially keep amazon's stock price at nosebleed levels. I have sent this as well as my last post that you did not print to over 150 of my peers. If it , as well as the last post of mine do not get printed, we will all know that you are just as crooked as Bezos and his Wall St croonies.