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This stock's poor performance has nothing to do with government stimulus checks or no government stimulus checks. This is about the end of the Pandemic, an overvalued American dollar, and what happens when you operate a delivery company and fuel prices skyrocket. Amazon is simply saying here that we are going to defend our market share we won in the last 2 years from the brick and competitors who are now getting back all their customers that Amazon stole or borrowed, depending on your point of view. If you are willing to look the other way on several more quarters of scorched earth pricing and profits, Amazon is for you as an investor. Amazon has the financial power to do this. However, most other Ecommerce companies do not. Many will fail in the next year or two.
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