Just a temporary drop due to fear of recession

10baggerbamm : no they kind of disappointed on their earnings and if you look at companies that missed earnings and you look a week 2 weeks 3 weeks after the stocks are dramatically lower so Amazon could roll all the way down to 140 very easily which would strip away all of its gains going back to the beginning of the year

OneDirection OP 10baggerbamm : In that case, I will wait for the dip to buy

Buddhist Jesus 10baggerbamm : r/wallstreetbets people are saying though amazon slightly missed on revenue but earnings surpassed expectations significantly. thus bullish

10baggerbamm Buddhist Jesus : when you are a company that's front and center or your growth Company you need to have three things in order to have the stock rally you need to exceed revenue one you need to exceed earnings too you need to exceed The whisper number for your forward guidance three . Amazon dropped two of the balls there. will they be higher than a couple of years I'm sure they will can they go to $140 first absolutely