iβm not sure how up to date you are on the whole GameStop situation but Amazon is heading for bankruptcy and GameStop is now their biggest competitor.
market cap isnβt there yet, but the company plan is on track.
also Jeff Bezos is the target of every major corporation now.
Amazon CANT survive the next few years with their increasing bad reputation from littering and burning unused inventory to labor rights with their workers being violated.
Amazon sounds great, until you look underneath the hood and see all the parts are grinding and screaming.
GameStop is targeting Amazon to be the epicenter of e-commerce/gaming.
this GameStop earnings has been MASSIVELY anticipated and i believe Amazon will continue to develop a negative correlation to GameStop.
so what do they have to do with each other? competitors and GameStops about to make the move with a bite to the jugular.
I used to be a real ad
More WallStreetBets Copypastas
bears are fuk
I hate people saying bears are fuk or bulls are fuk. Stop saying that. It's very rude. Just say bears are fuk
WallStreetBets
Unrealized losses
She runs her hand through your thinning hair and laughs. βWhat?β you ask absentmindedly. Youβre looking at Futures, and youβre surprised to see them red.
βI want you to play with me.β She says it playfully, but the single ounce of you that isnβt totally aloof realizes she said this in earnest. And so you do. You throw your phone, and you pin her to the sofa, then the ground. You both roll about, wrestling, like lion cubs. Kissing, lightly biting. Sometime later, you both stop, breathing hard. She grabs an open bottle of red wine, and you pass it back and forth. Eventually she says, βI want to do that more.β
But youβve already found your phone again to check Futures. Still red. βUh huh,β you say, distracted. She stares at you for a long moment, but you donβt realize it. Silently, she gets up and goes to bed, and you donβt say a word because you donβt notice.
She hasnβt left you yet, but she will soon.
Unrealized losses.
WallStreetBets
Holding Galactic Virgins
Virgin Galactic Holdings changes name to Holding Galactic Virgins, and announces itβs changing its business model to extraterrestrial prostitution.
Edit: SpaceX, not to be outdone, changes to SpaceSex
WallStreetBets
Stock space rocket
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WallStreetBets
These are classic hedge fund tricks.
WHAT'S HAPPENING RIGHT NOW IS NOT A SELL-OFF.
Melvin Capital is going to throw a lot of tricks at us that will make it look like the stock is dropping. Don't fall for it.
Do not sell if you see any of these things happen:
GME drops by 30% or more after hours
SEC filings show that shorts have all exited their positions
GME drops below $1 a share
The Gamestop locations near you start closing
GME files for bankruptcy
GME is delisted from the stock exchange
Your bank forecloses on your home for late payment
Your children have children of their own who grow up and become investment bankers and tell you that you should stop telling people you're "diamond handing" a company that went out of business 30 years ago
These are classic hedge fund tricks.