Paradox68
Paradox68 OP t1_jedf2ec wrote
Reply to comment by Prestigious_Ear_3737 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
Don’t you have to go be stupid someplace else?
Paradox68 OP t1_jedbqew wrote
Reply to comment by Prestigious_Ear_3737 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
I’m not countering everyone I’m sharing my opinion in a reply.
Oh shit I just did it again.
Also $60 a share? Lol you mean $1,200 pre-split? Jesus Christ you are such a 🌈🐻
Paradox68 OP t1_jebjkp1 wrote
Reply to comment by Ma4r in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
Your numbers are off.
Paradox68 OP t1_jea818a wrote
Reply to comment by rain168 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
I thought people hated Bezos. Either way Amazon as a business will be fine
Paradox68 OP t1_jea0e6k wrote
Reply to comment by Branconier in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
… uh huh.
You know, I don’t usually gloat when I’m right, but didn’t I say it would surge today? I almost feel sorry for you almost, but I don’t. You’re welcome to anyone that listened.
Paradox68 OP t1_je9zzf0 wrote
Reply to comment by sweetw0r in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
Not even a little bit.
Paradox68 OP t1_je8xhgm wrote
Reply to comment by rain168 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
So you’re saying news of the CEO stepping down would cause the stock price to surge?
🤔
Paradox68 OP t1_je8ho60 wrote
Reply to comment by d3nv3rite in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
First four sentences are entirely anecdotal so I’ll ignore it entirely.
-12 layers thing is semi bullshit. Every company has these layers you’re describing, they’re called departments. Even at my job, we have my local team, then we have the manager of that team, then we have the department lead, then that guy has a manager who is the director, then that director has a team of other directors and all those directors are part of another team and that team reports up to either another department or the C-level, depending on how big the company is. Let’s make this clear, I’m NOT saying that companies aren’t bloated, they are. I know that, everyone knows that. The thing you’re not understanding is that if there are departments dedicated to researching and actioning the effectiveness of layoffs, then it becomes a non-issue for the business because it’s ever-changing. It’s obviously too complex of an issue to encapsulate here, or to come up with one cut and dry solution, so I guess I don’t understand why you think you know more than the people at Amazon who are actually paid to do this.
Still waiting on an answer from the other guy on where he pulled 50,000 from
Paradox68 OP t1_je8fl3j wrote
Reply to comment by d3nv3rite in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
>and 3rd party retailers would be more likely to ship with Amazon if the delivery business is separated from the retail business
Why do you think this? Like I said, anyone with a brain would still understand that it’s still Amazon or owned by Amazon. And that using the business benefits Amazon in one way or another. Retailers don’t ship with Amazon because they are competing with Amazon. Even if it was separated, they would still know that using Amazon to ship would detriment their business inherently by helping Amazon.
Like I said, it’s all asinine.
Paradox68 OP t1_je8apyf wrote
Reply to comment by SherkPentagram in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
Something doesn’t add up there. Where’s the part where I lose all my money? When does that happen?
EDIT: nevermind, I had ChatGPT explain in more detail, and then give me a dumbed down version of both sides. I understand everything now.
E V E R Y T H I N G
Paradox68 OP t1_je7t9kp wrote
Reply to comment by juniorlaxma in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
Where are you pulling this number? 50,000 employees? What departments? Which employees? Do you even understand the logistics that must go into layoffs to ensure it’s a good move for the business? Do you even understand the amount of money that is spent researching that data before they even come to a decision?
50,000 people out of a job for what? I agree that “trimming the fat” occasionally is completely necessary, if not, mandatory for a business to succeed, but you can’t just look at it like it’s a singular data point. “Well on average the employees there make $100,000/yr so if we cut 50,000 jobs we’ll be up $5,000,000,000 a year in revenue!” Has too many fallacies and oversimplifications to comment on.
There are a lot of other, more effective measures a business can take on such a massive operational scale to cut costs.
Paradox68 OP t1_je7sgld wrote
Reply to comment by LOLatVirgins in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
I’m just wondering what his deal really is. Is $15k such a small amount of money to this person that they wouldn’t even bother reading the rest of the post (which had nothing to do with my position anyways, I was just doing that to cooperate with the rules of the Sub)
Or maybe they’re just so bad with their ADHD that two paragraphs is simply impossible to sit through.
All in all, it’s really sad because I know for a fact that they did read the entire post, they’re just trying to seem snide and witty, at my expense. It’s sad we can’t just have a discussion.
Paradox68 OP t1_je7qpml wrote
Reply to comment by Prestigious-Cry5328 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
My goal is to get rich or die tryin’
Paradox68 OP t1_je7q4jx wrote
Reply to comment by Prestigious-Cry5328 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
See, but as I kind of said in another comment… If you wait for the “dust to settle”, you’re already too late. A lot of people think like that and it’s a very common fallacy. Buy it while it’s still meeting a lot of resistance.
Paradox68 OP t1_je7nm6k wrote
Reply to comment by asianrockstar2009 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
Yes. Like I mentioned, I had a small buy in at first but when it dipped I took that opportunity to buy more, considerably more (relatively)
It’s a bit embarrassing to admit, but some shares were also lost along the way to MC. Yes I am aware of the risks of trading on margin.
Paradox68 OP t1_je7nglq wrote
Reply to comment by No_Grapefruit4066 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
Yeah; your premise seems valid but I just don’t buy it for some reason. Anyone with a brain would understand it’s still a conglomerate.
Paradox68 OP t1_je7nbbj wrote
Reply to comment by baldmo in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
Source?
Paradox68 OP t1_je7n4ug wrote
Reply to comment by juniorlaxma in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
You do realize that sometimes employee wages being paid is a good thing right? The way you approach this makes it sound like you could believe that Amazon would be most efficient with 0 employees. Which could be true later, but that’s not for at least another 10-30 years.
Paradox68 OP t1_je7myfn wrote
Reply to comment by ldmonko in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
…why?
Paradox68 OP t1_je7bxtd wrote
Reply to comment by Tensleepwyo in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
As is tradition
Paradox68 OP t1_je7bul1 wrote
Reply to comment by No_Grapefruit4066 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
I don’t understand the benefits to a shareholder of a company splitting into segments? Also what does this really change? Amazon (and Alibaba) already have a million subsidiaries. This just seems like a dumb way to avert Monopoly regulation to me, but I’ll admit I don’t know all the facts there, obviously.
Paradox68 OP t1_je7bo2l wrote
Reply to comment by Spins13 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
5 years LMAO try 5 months dude
Paradox68 OP t1_je7bfr5 wrote
Reply to comment by Optionsgamble in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
Source?
Also no offense or anything but I’m not going to take any financial advise from someone who can’t distinguish (then/than). Have a good day though
Paradox68 OP t1_je7be85 wrote
Reply to comment by Key_Security_1569 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
ER? Emergency room? Erectile Rehabilitation? Enormous Rats?
Paradox68 OP t1_jeem8om wrote
Reply to comment by Prestigious_Ear_3737 in Anyone else think AMZN is going to pop off tomorrow? by Paradox68
Based on history huh? You pulled a number out of your ass, dude. There’s no history that would indicate anything like that happening unless there was a complete market crash. I choose not to subscribe to your 🌈🐻 beliefs, that doesn’t make me sad. Quite the opposite. Thanks 🙏