Ducky_Fresh
Treasure Hunter
Volume and amenities.
Buffet on the impending market crash
- Thread starter DesiDucati
- Start date
Climber
Well-known member
I was looking at some of the Amazon brand items today, wondering how many of those positive reviews are fake.
Ducky_Fresh
Treasure Hunter
Look up review meta.
wazzuFreddo
WuTang is 4 the children
Amazon up almost +100 this morning
try fakespot.com for amazon purchases. I'm happy buying amazon brand stuff, especially if it's just general shit for the house like ibuprofen and whatever else
Bowling4Bikes
Steee-riiike!
amzn all time high. about a $600/share increase in a month.
Climber
Well-known member
I wonder if they're paying their workers any more in the form of hazard pay...
wazzuFreddo
WuTang is 4 the children
at the fulfillment centers it is +$2.00 and hour and double time for any overtime worked. (according to the press releases I have read)
Ducky_Fresh
Treasure Hunter
I refuse to believe this is how stable we will be. I am worried this is a bounce from March 16.
People will not be going back to work anytime soon. Otherwise the RONA starts all over and we're back to quarantine. It's all a big math game and not enough people have gotten COVID for us to go back to resume normal activities.
For that to happen we need (2) things:
1) Test kits that indicate antibodies
2) Vaccine
And without #2, we're still mostly limited. #1 will let those people go back to work and "live" normally, since they present no risk - until this thing mutates and COVID-19A springs up.
In the end, I think we have to just get back after it and people are going to die.
But you're short sighted if you think this is all "built in" and markets have adjusted.
Wait until travel doesn't resume (impact to airlines, airports, suppliers, industry, blah blah)
Wait until restaurants close (impact to landlords, which trickles to banks, etc)
Wait for people to hold on to their money (corporate and personal)
Wait for the REAL outcome of this.
The shit storm is just starting to brew..
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My niece just got a job at Whole Foods. My sister said they were paying really well.
Ducky_Fresh
Treasure Hunter
My buddy also said anyone complaining they are just firing. Wild..
Not fake news:
https://www.theverge.com/2020/4/14/...red-employees-cunningham-costa-climate-change
Not fake news:
https://www.theverge.com/2020/4/14/...red-employees-cunningham-costa-climate-change
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wazzuFreddo
WuTang is 4 the children
Just about everyone has a social media policy these days
norcalkid
Well-known member
I agree. And honestly I wasn't finished buying and hope we get another chance at the lows.
Ducky_Fresh
Treasure Hunter
Play it out. When will you be going to Dave and busters, a pro sports event, a concert, or on a plane and in a hotel for a vacation?
Probably not for 6 months.
Show me a company who can go barebones revenue and operating costs for that long... few to none.
Probably not for 6 months.
Show me a company who can go barebones revenue and operating costs for that long... few to none.
rodr
Well-known member
On the other hand many companies are not in that situation. For example booze will always sell, and the telecom sector is making money.
Killroy1999
Well-known member
From the other Covid19 thread, Dr Slow has been discussing that both 1 and 2 are problematic.
1. Hard to mass produce and be accurate
2. Corona viruses are hard to make vaccines for and that is why there is no SARS vaccine.