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
Team Bull vs Team Bear
Team Bull
Jerome "We print it digitally" Powell
Elon "TSLA stonk too low imo" Musk
Nancy "Stimulus talks going well" Pelosi
Donny "Stop the count" Mango
Janet "Unlimited QE bitch" Yellen
Lisa "Su Bae" Su
Ryan "Make Gamestop great again" Cohen
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VS
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Team Bear
Jeff "No stock split to keep the poors out" Bezos
Mitch "Stimulus talks not going well" Mcconnell
Steven "Discontinue the PPP" Mnuchin
Andrew "PlTr PrIcE tArGeT $10" Left
Tim "Don't call me by my slave name" Apple
Michael "I'm publicly shorting TSLA" Burry
Warren "I fought in the Civil War" Buffet
Which team will win?
Team Bull or Team Bear?
Load up on weeklies for a ticket to the pay per view hell in the cell match.
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Special Guests:
That one JPM analyst with TSLA 90p 12/18
Life savings SPCE calls guy
Jim "FUCK ROBINHOOD" Cramer
WallStreetBets
Stimulus hopes in the year is 2025
The year is 2025. House speaker Nancy pelosi's brain jar has agreed with Mitch McConnell's new human skinbody to vote on the $12 covid stimulus package. This is the 37th revision to the package initially introduced in late 2020. One dollar will be split between all americans, two between all illegal immigrants, and the rest to Jeff bezos. Due to stimulus hopes, SPY has rallied to 600.
WallStreetBets
Thats why this place is so special.
Listen 5 years ago I wanted to get into investing. I came to this sub to get some advice. One guy helped me with a stock I could invest in.
It was dipping for a few days and I kept asking what I should do and he said hold. Kept quoting Warren buffet
On the third day I panicked and told him I had to sell. He sent me a video and told me to watch it before I sold.
It was a guy getting railed by jpow.
I lost 400 dollars that day but it taught me some lessons.
Now look at me. Been investing for over 3 years now. I was even on this gme thing. Yeah I could of made 8x the profits instead of 4 but I consider that my own fault.
But through this great sub and everything I have learned, I reinvested my profits and as of today
I am down 5 grand. Thats why this place is so special.
WallStreetBets
Anyone basing trades right now on fundamentals is a fucking tool
So many arrogant fucks here love talking fundamental analysis when they can't even tell me if lilβ Yachty got another Ferrari much less how stuffed the fucking Oreos are now. Fucking clowns, all of them.
Shut the fuck up and do your trades. If you really need a valuation multiple you can't even derive to tell you whether you should buy a stock or not, you deserve CHGG.
Newsflash, the stock market never made sense nor will it. Best you can do is trade gourd futures you know about and feel with your hands that it hasn't been spotted by any number of fungal pathogens in the complex ecology of modern supply chains. Or alternatively manipulate markets like the rich investors who funnel you into silver every fucking time like clockwork. Warren Buffet's dad was Paul Revere, if you think that shit didn't help The Wizard of Omaha then not only are you retarded but also delusional.
Now stfu about EBITDA and long term debt-to-equity ratios. If you actually knew what the fuck was going to happen you'd be chilling in r/lounge with a fat chick, not on wsb posting "anyone basing trades right now on technical analysis is fucking tool.β
WallStreetBets
GME short squeeze
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go πππ