and when we last spoke with spencer raskoff back in may, he argued or amazon move into the web services business. i see where he is coming from. i felt he was dismissive the stock continued to rally over the summer we got new announcements, telling us they would be expanding its flipping home business. it was a bit of a disaster the company delivered a modest revenue. they slashed their full year forecast for sales and earnings projections. this looks especially bad as zillow just boastfully raised numbers in april not looking good the company also bought mortgage lenders of america not only are they flipping houses they are going to be mortgage originator. the stock dropped 16%. it has been going down ever since. now even if this was the perfect time to start flipping houses, it still would have caused a sell off investors don't want an interest rate company to own homes. in short, it is not what the shareholder base signed up for if they wanted direct housing exposure, they would have bought a home builder the real tragedy here, the thing i can barely get my head around is this is a t