Sell Off Intensifies, page-51

There are two views on this forum - some think Kogan is the next Amazon and others think its a giant ponzi.

I am at the skeptical end of the spectrum and do not hold the stock.

Hang around for 5 minutes and you will likely be bombarded with reasons to part with your hard earned dollars and buy Kogan.

Think before you act - ask yourself the difficult questions on the feasibility of an online seller making fat margins - and expecting to maintain them for any length of time.

Or ask yourself about the sense of trying to continuously broaden teh product offering as if to compete with amazon but without its distribution and logistics infrastructure.

It is not a business that has high barriers to entry and there are lots of online competitors that offer better value.

Lots of online reseller websites go broke - for a reason.

You be the judge.