i’m 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 isn’t 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.
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More WallStreetBets Copypastas
Bloomberg terminal vs toilet trading
Imagine spending 20K on a bloomberg terminal and thousands on hardware just to get smoke checked by some retards on the toilet trading on their phone that are not only on the spectrum but might be the actual spectrum.
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It's called empathy
Sometimes watching porn I like to pretend I'm the "woman" it's called empathy not homosexuality.
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GME investor thinking what they will do after they're rich
If all this plays out as the DD states (it will), the system is going to be bled so bad it's going to make the recession look like childs play. Even if it's a fraction of the maximum damage some of the highest end DD states, we are still going to breach numbers beyond our wildest dreams. I think it is important that you take more than a few moments to yourself to recognize the gravity of that kind of lifechanging occurrence.
Personally, in my dream world after all this is over, I'd like to imagine the following scenario:
Apes gain enough money to impart systemic change on a global scale. We have apes from literally every corner of the world in this play. Hell, I wouldn't be surprised if a scientist on Antarctica was in on this. That is a global redistribution of wealth. This isn't just the US that benefits. The Europoors are here in droves, I've seen posts from a Phillipino trying to help his dad and a South American who cobbled together 3 months wages to buy 1 share of Gamestop. ONE SHARE FOR THREE MONTHS WAGES! Imagine that level of poverty disparity for one second. That person is going to come into that global economy money. If she held out to the top end, imagine what kind of change she could impart on her community to help invest in infrastructure, businesses, technology. Things that are lacking in her neighborhood. I live in Mexico (but am American) and personally, I would love to use the money to help fix Mexico's sewage problem so we can finally drink the tap water.
Maybe these projects can't be done on a governmental scale. You'll be helping a percentage of your community that you can afford with the money you have. But, if everyone, and I mean everyone, who made money off this play used it to invest in their communities, imagine the growth?
The World Health Organization said that it would only cost $30 billion dollars to fix world hunger. What if we get trillions? Individually, across the entire world, we could grow just about every nook and cranny of society based on what we know for our respective territories. Remember the age old issue of "starving children in Africa"? As an American, we literally hear that all the time from our parents if we don't clean our plates off. It's like making a joke of a serious issue that has gone ignored for god knows how long. Maybe the wealth that gets transferred to individuals in Africa will be more effective than the money that is being used now for infrastructure and societal projects in those regions because they actually care because they're a regular, empathetic, caring person. I don't know what all the current problems are in the world. Media is not a very good outlet for communicating all the problems in the world because there are just TOO MANY. but I know what the current problems are in MY area. Really, as long as you're investing in other people who do these things because they have more expertise, that is totally fine. Playing the stock market is actually a really good way to vote with your money. Just contribute back.
So, in my perfect world, none of you bought actual lambos (well, maybe treat yourself if you end up one of the $500 million/share moonshotters). None of you bought mega mansions or $100,000 watches. You lived an upper modest life, because you deserve that for having the cohones to play this play. You don't support those industries that cater exclusively to people who have so much money they'd rather buy something monumentally expensive than be more mindful of their environment and try to improve it. Imagine if all of us just became more asshole rich people? The people we used to hate because all they did was buy luxurious items while the world burned around them. What you did was you were maybe a Flint, Michigan resident and you helped fix the plumbing to some degree, but got the city to pay you based on the water usage. You were a resident where power is inconsistent and you build some solar panels and charged the city for their use. You were a citizen where food is sparse and poverty is immense, and you invest in farms and you sell locally. Whatever you're passionate about that's a problem in your area.
And not just that:
We continue our immense collective power to amass information on stuff that's important that will also make us a shit load of money (because the more we make, the more we can fix our own problems). I really hope we don't see a day where the DD stops flowing. We can't let such an information engine die after this. Can you imagine what knowledge we'd find if we dedicated our efforts on learning something else like we did with GME?
Going further than my previous example, I would love to see a world where there are focused mega-projects we decide to work on as an investigative unit. Dig into theories of why they're not working, what could be done to improve it, and who can or is doing it so we can financially support them (assuming they have sound business models).
I'm definitely writing this stoned off my tits, so maybe this will be just the musings of someone who likes the stock, but it felt like something worth talking about because I'm not sure we'll get another opportunity like this for generations. I can't even really think of the LAST massive citizen wealth distribution we had and frankly, I'm too lazy to google it, but it was a long ass time ago I'm sure.
I'm just really jazzed about all this. It feels like a giant ass step forward for humanity, if I'm being honest (and again, really stoned. In fact, the longer I write this, the more stoned I'm becoming). I feel like the world powers lost their grip on control for a moment and you know what? Everything is alright. Maybe one day we will actually ease up on all this conflict and start working together as a species.
End rant. Lord. If anyone actually reads this, I'll be surprised xD.
Edit: Oof. Just read this nasty piece of news: https://futurism.com/the-byte/scientists-mass-extinction-organisms-flee-equator What if this becomes our next project? Fix the environment, one city at a time.
Thanks for joining me in my musings
Edit2: You know what I'm gonna do? When I get my tendies I'm gonna hire some software coders and web designers to make a site that tracks the perceived importance of issues, voted on by the people and link them to subreddit communities for people who want to help. You might have to look at some ads, so I can keep it free, but it could be a nice way to rally the world to certain causes or act as a metric for world notice/care/importance.
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Daily WSB trader routine
1. Wake up
2. Check memfolio, buy more PLTR calls
3. Shit while looking at charts, don’t wipe
4. Fomo and buy the top
5. Watch stock Plummet
6. Sell, watch stock go up
7. Go to WSB and downvote everything
8. Jerk off, nut, realize how empty you are
9. Stare at futures for 3 hours
10. Sleep & repeat
WallStreetBets
Bears after a green day
It’s 4:01pm. Bears solemnly log out of their devastated brokerage account, get up from their makeshift desk made up of a stack of empty Michelina’s frozen lasagna dinners, head up the stairs of their father’s basement, grab the keys to their tan ‘97 Chevy Cavalier and a cloth mask embroidered with the word “VOTE,” and drive down the street to the local gay bar for a holiday themed burlesque show.