So Cofounder of chewy, gamestop investor thinks he can rival amazon. Nice way to prop up the stock

S

S2007S

So yesterday news comes out that the guy who started chewy and sold it before it went IPO has now a substantial piece of gamestop, he now believes that it can be an amazon competitor. Haaa. Wishful thinking, Now I know amazon won't be on top forever, they do have many years at the top left, but gamestop creating competition, nope...anyways he believes gamestop could rival amazon by selling and quickly shipping a wide range of merchandise, yes because it only took walmart 15 years and literally multiple and multiple of billions to create walmart+ especially after Walmart dropped $3 billion on jet.com that was of course a total ripoff.......but yea after the co founder of chewy has acquired about 10% of gamestop stock why not announce some hyped up news to get that stock bouncing higher.


https://markets.businessinsider.com...lans-amazon-rival-ecommerce-2020-9-1029612504
 
Well everyone and their moms are short gamestop. Even if they had a working BM they had to squeeze them out first for capital increases.
 
S2007S said:
So yesterday news comes out that the guy who started chewy and sold it before it went IPO has now a substantial piece of gamestop, he now believes that it can be an amazon competitor. Haaa. Wishful thinking, Now I know amazon won't be on top forever, they do have many years at the top left, but gamestop creating competition, nope...anyways he believes gamestop could rival amazon by selling and quickly shipping a wide range of merchandise, yes because it only took walmart 15 years and literally multiple and multiple of billions to create walmart+ especially after Walmart dropped $3 billion on jet.com that was of course a total ripoff.......but yea after the co founder of chewy has acquired about 10% of gamestop stock why not announce some hyped up news to get that stock bouncing higher.


https://markets.businessinsider.com...lans-amazon-rival-ecommerce-2020-9-1029612504
More...
Yeah we covered that 10 days ago.
https://elitetrader.com/et/threads/ideas-for-now.343946/page-125#post-5201402
https://elitetrader.com/et/threads/ideas-for-now.343946/reply?quote=5201385

It would be like Radio Shack thinking they could take out Best Buy back in the day.
GME might squeeze from here though.
 
Those who talk, don't execute and those who execute don't talk.

Look at the large successful tech companies (Amazon, Apple, Alphabet, Microsoft, Oracle, Apple, etc...), they don't talk BS, they execute first, then they launch & talk.

These guys try to avoid talking about future plans (Strategic future plans aside). Even when forced to talk about future plans, they give as little information as possible.
 
I couldn't agree more. Talking that much usually means a company is trying to create publicity because things aren't going well.
 
You must log in or register to reply here.
Back
Top