GameStop Shares Spike After Announcing Creation Of CTO Position

[Daal]

https://www.zerohedge.com/markets/gamestop-shares-spike-after-announcing-creation-cto-position

So what happens when dozens millions of gamers and influencers all over the world decide to shop at GME ecommerce just support this cause? GME already has a 12% shareholder that took a company from nothing to over $3B, outcompeting Amazon (Chewy)

 

[Pekelo]

I refuse to believe that shipping heavy dog food is a profitable business. I bet that is what broke pets.com. Anyway:

Purina Pro Plan 50 lbs dog food:

Amazon: $48 with Prime
Chewy: $62

If that is outcompeting Amazon, I have a bridge for you to walk accross...

 

[R1234]

I refuse to believe that shipping heavy dog food is a profitable business. I bet that is what broke pets.com. Anyway:

Purina Pro Plan 50 lbs dog food:

Amazon: $48 with Prime
Chewy: $62

If that is outcompeting Amazon, I have a bridge for you to walk accross...

Naturally Fresh Walnut-Based Cat Litter, 26 lb
Amazon w/ Prime $27.32, free shipping
Chewy $22.99, free shipping for purchases > $49

 

[Daal]

Naturally Fresh Walnut-Based Cat Litter, 26 lb
Amazon w/ Prime $27.32, free shipping
Chewy $22.99, free shipping for purchases > $49

And? Chewy is worth $42B, whether you liked it or not. furthermore he left the company years ago

 

[Pekelo]

Naturally Fresh Walnut-Based Cat Litter, 26 lb
Amazon w/ Prime $27.32, free shipping
Chewy $22.99, free shipping for purchases > $49

It shows $22 with prime for me, so you are being overcharged. Maybe Amazon doesn't like you. (you were quoting the premium pack, whatever that is)

Chewy is 22.99 so still more expensive if you don't buy the premium pack.

 

[LuckyMac]

Crazy few weeks now with this. Interesting to see if there are any long lasting effects of this

 

[formikatrading]

Not much of a price surge for GME, relatively speaking.