iām 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 isnāt 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.
iām 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 isnāt 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.
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.
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.
Bears after a green day
Itās 4:01pm. Bears solemnly log out of their devastated brokerage account, get up from their makeshift desk made up of a stack of empty Michelinaās frozen lasagna dinners, head up the stairs of their fatherās basement, grab the keys to their tan ā97 Chevy Cavalier and a cloth mask embroidered with the word āVOTE,ā and drive down the street to the local gay bar for a holiday themed burlesque show.
Itās 4:01pm. Bears solemnly log out of their devastated brokerage account, get up from their makeshift desk made up of a stack of empty Michelinaās frozen lasagna dinners, head up the stairs of their fatherās basement, grab the keys to their tan ā97 Chevy Cavalier and a cloth mask embroidered with the word āVOTE,ā and drive down the street to the local gay bar for a holiday themed burlesque show.
Stonks only go up. But you don't.
You watch her as she brushes her hair. Sheās humming a song you canāt quite hear and smiling to herself. Not for the first time, you wonder why this person chose you.
She turns. āWhat do you want for Christmas?ā You want to scream Save your money!, but you only shrug. āNothing, really.ā
āNothing?ā She crawls into bed and touches your leg. āAre you sure?ā Again, you wonder why this person chose you.
As she takes the weight of you in her hand, your mind wanders. To your puts. Theyāll expire worthless, like you. After several minutes of failing to conjure your manhood, she asks, āWhatās wrong?ā
Stonks only go up.
But you donāt.
You watch her as she brushes her hair. Sheās humming a song you canāt quite hear and smiling to herself. Not for the first time, you wonder why this person chose you.
She turns. āWhat do you want for Christmas?ā You want to scream Save your money!, but you only shrug. āNothing, really.ā
āNothing?ā She crawls into bed and touches your leg. āAre you sure?ā Again, you wonder why this person chose you.
As she takes the weight of you in her hand, your mind wanders. To your puts. Theyāll expire worthless, like you. After several minutes of failing to conjure your manhood, she asks, āWhatās wrong?ā
Stonks only go up.
But you donāt.
Did you ever hear the tragedy of Darth JPOW The Wise?
Did you ever hear the tragedy of Darth JPOW The Wise? I thought not. Itās not a story the Motley Fool would tell you. Itās a š³ļøāšš» legend. Darth JPOW was a Dark Lord of the FED, so gay and such a bear he could use his money printer to influence the economy to create inflation⦠He had such a knowledge of the economy that he could even keep stonk prices from falling. The dark side of the economy is a pathway to many abilities some consider to be⦠transitory. He became so powerful⦠the only thing he was afraid of was losing his tendies, which eventually, of course, he did. Unfortunately, he taught Nancy Pelosi everything he knew, then she sold at the top. Ironic. He could save others from market corrections, but not himself.
Did you ever hear the tragedy of Darth JPOW The Wise? I thought not. Itās not a story the Motley Fool would tell you. Itās a š³ļøāšš» legend. Darth JPOW was a Dark Lord of the FED, so gay and such a bear he could use his money printer to influence the economy to create inflation⦠He had such a knowledge of the economy that he could even keep stonk prices from falling. The dark side of the economy is a pathway to many abilities some consider to be⦠transitory. He became so powerful⦠the only thing he was afraid of was losing his tendies, which eventually, of course, he did. Unfortunately, he taught Nancy Pelosi everything he knew, then she sold at the top. Ironic. He could save others from market corrections, but not himself.