You won't believe this about Amazon stock.

You won’t believe this about Amazon stock.

It is the hottest stock going. It is also a company that almost no Wall Street prognosticators consider to be a good investment.

That shouldn’t be surprising since Amazon has yet to generate any recurring cash of $100 million or more in any single quarter for some time now, and with its reported earnings per share having declined for most of this year, it is hard to see when they will.

It gets worse. Amazon’s sales in Q2 were only $32You won’t believe this about Amazon stock. That’s what Jim Cramer had to say, after he reviewed a call about the e-commerce giant Thursday morning, in what was the company’s third quarter earnings report, and for the third consecutive time.

Cramer says the online retailer will be “out of the hole” and in the black by March, when it opens its fourth headquarters in Seattle.

What to watch out for? The company is still in a “garden” period on the sales front.

You won’t believe this about Amazon stock.

In a shocking twist, the nation’s largest Internet retailer is actually losing money.

This week, Amazon.com Inc. (AMZN) said that after more than a year of disappointing profits and losses, it would lower its fourth-quarter earnings guidance for the first time since last May. In its statement, Amazon also said its net sales would likely be flat overall because of weaker sales this quarter at the company’s physical bookstores and other non-online entities, as well