The smoke is clearing. The stock market has demonstrated an amazing tolerance for red ink in ecommerce companies. However, that tolerance may be wearing thin. The red ink is puddling up. But this business model is flawed.
Net stocks move on psychology.
They can spiral up on a few hopes. Or down on a few disappointments. Click for more . Online doesn't equal immunity. Ecommerce doesn't mean a company is immune to overhead, shipping costs, taxes and so on.