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
Don't use the "F word" on the trade floor
Just heard an employee use the βF wordβ on the trade floor, and immediately fired them. Maybe other funds will tolerate that kind of language, but donβt you dare talk about Fundamentals here.
WallStreetBets
I'm buysexual
Iβm buysexual, sometimes Iβm a top (when I buy) and sometimes a bottom (when I sell)
WallStreetBets
Stock space rocket
.γγγγγγγγγγ β¦ γγγγββ γ
γγγΛγγγγγγγγγγγγγγ*γγγγγγ
βγγγγγγγγγγγγγγγ.γγγγγγγγγγγγγγ. γγβγγγγγγγ
β¦ γγγγγγγγγγ γ β β β β γγγγ γγγγγγγγγγγγ,γγβββγ
.γγγγγγγγγγγγγ.γγγοΎγββγγγ.γγγγγγγγγγγγγ.
γγγγγγ,γγγγγγγ.γγγγγγββββγγγγ
γγγγγγγγγγγγγγγγγγββοΈ γγγγγγγγγγγγγγγγγγβββ
γββββββγγγγγββββββββγγγγγγγγγγγγγ.
γγγγγγγγγγ.γγγγγγγγγγγγγ.
γγγγγγγγγγγγγγγγβββββββγβββγγγγ γγγγγγγγγγγγγ
γγβββββββγβββγγγγγγγγγγγγγγγγβββββββγβββ β¦
βββγγγ,γγγγγγγγγγ[stock ticker]π γγγγ γγ,γγγ β β β β γ
γγγγγγγγγγγγ.γγγγγβγγ γγγ.γγγγγγγγγγγγγβγββββ
ββββββγγγγγγγγγγγγγγγγγγγΛγγγ γ ββγγγγ,γγγγγγ
γγγγβββββββγββββγγγγγγγγγγγγγγγγ.γγγ
βγγββββγγγγγβγγγγγ.γγγγγγγγγγγγγ.γγγγγγγγγγγγγγγ* γγ
ββγγγγγ β¦ γγγγγγγβββββββββγββββββββγγγγ γγβγ
γγγγγβγγγγγ.γγγγγγγγγγγγγγγγγγ.γγγγγββββγγ.
γβγγγγγ.γγγγ π
γγγγγβββγγγγγ.γγγγγγγγγγγ.γγγγγγγγγγββ
γΛγγγγγγγγγγγγγγγγγγγγγοΎγγγγγ.γγγγγγγγγγγγγγ
. γγβγ π β β β β β β β β β β ,γ γγγγγγγγγγγγγγ*
.γγγγγβγγγγγγγγγγγγγγ.γγγγγγγγγγ β¦ γγγγββ γ
γγγΛγγγγγγγγγγγγγγ*γγγγγγβ βγγγγγγγγγγγγγγγ.
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
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