Xcommand

April 28th Amazon takes a nosedive

Xcommand Updated   
NASDAQ:AMZN   Amazon.com
This is beyond exaggeration of what will actually happen and it's meant to be funny. I honestly think it's hilarious. I've known for a couple years now that Amazon has been spending way more than it's making. Promoting and talking to investors on stock splits. Closing Book stores and so many problems with their new automated store. Amazon's technology and service centers is a joke and all the customer support agents work from remote locations. Raising their wages was just a publicity stunt to try to manipulate shareholders to buy more. Desperate and failing. On top of all this they're building a new headquarters that cost 2.6 billion dollars to flash and market a fancy building like nothing is wrong with the company. Ha what a scam
Comment:
like i said
publicity stunt
i'm not giving a forcast for the bottom because i don't believe there will be a bottom. Just irratic choppy movements in the market price
Amazon is a company designed to fail without constant high demand from consumers. Amazon had a great run up but it got way too big to maintain.
People are looking toward the next generation of businesses
Comment:
Jeff Bezos continues to dump his shares with an overspending lifestyle that doesn't benefit anyone but himself. He claims he is giving away money to help people but its just a tax credit strategy. Jeff Bezos can't be trusted with the holdings he has in the company. I mean just look at the market performance. The stock split just covered up how bad things really are for shareholders.
Amazon holders are in for a turbulent market.

The stock split happened exactly 10 days after i posted this chart. Coincidence i think not. Next Low could drop to 58.00 i think but when is the question. Don't fall for the stock split manipulation. Cheaper price in the stock market isn't always the best reason to buy into it.
Comment:
9.09 will be the bottom market price to buy. market is manipulated by a factor of 4 on the timeline so be careful. Amazon stock is bearish overbought market. Realization of this prediction could take up to 7 years. I published another chart today. Be safe
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