NEW YORK ( TheStreet) -- Shares of Amazon ( AMZN) saw heavy selling in Tuesday's extended session after the company came in a dime short of Wall Street's profit expectations for its fiscal third quarter and gave a soft outlook. The stock was last quoted $203.11, down nearly 11%, on after-hours volume of 4.4 million, according to Nasdaq.com. The shares have actually recovered a good bit, bouncing off a low of $184.59. Amazon's margin shrinkage seems to have finally caught up to it. The company has been spending like crazy, expanding to offer customers cloud-based media storage and streaming as well as its popular Kindle e-readers. In mid-September, Amazon unveiled its tablet offering, the Kindle Fire, which will retail for $199, a price point that is generally believed to be below the company's cost. For the fourth quarter ending in December, Amazon forecast between an operating loss of $200 million and a profit of $250 million with sales seen ranging from $16.45 billion to $18.65 billion. The current consensus view is for sales of $18.15 billion in the December-ending period, and a profit of 85 cents a share, which is based on a net income estimate of around $394 million.