BGC Positive On Amazon Inc. (AMZN) Based On What Could Be

As the failure of Amazon.com, Inc. (NASDAQ:AMZN) to do what is demanded of most corporations – deliver profits – was revealed again at its most recent earnings announcement, Wall Street took the stock to the wood shed, wiping out over $15 billion in value as the stock dropped 10 percent in the wake.  But a new report from BGC says investors who are short the stock are missing the point. “While the market is clearly reacting negatively to the current investment cycle, we are incrementally more positive on the direction of the company as the platform opportunity materializes,” wrote BGC’s technology…