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The Wild $AMZN Ride - How I Bagged $12K in Profits While Y'all Apes Struggled
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Sup fellow degenerates, gather 'round and let me tell you the tale of how I banked a sweet $12k on $AMZN shares while the rest of you paper-handed fools prob lost stacks or broke even at best. So, buckle up and let's dive into this rollercoaster of a story.

It was earnings week for the tech giants - you know, the likes of $META, $GOOG, and $MSFT. And then, the star of this post: $AMZN. I started building my position back when $FDX beat earnings in March, grabbing 500 shares at a neat $100/share, and then adding another 1000 shares on April 21st just under $107.

Why, you ask? Simple. More packages = Ecommerce boom = analysts being dumbasses. Then, $UPS missed earnings and I decided to drop 500 of my $AMZN shares 'cause your boy ain't about to lose the house over Bezos’ baby.

So, this week was wild. The market had a seizure during trading hours, but then $MSFT & $GOOG reported and it's like we hopped on a rocket straight to the moon. Tech stocks went absolutely bonkers and I caught $MSFT, but that’s for another post.

And then, our Lord and Savior, $META, crushed earnings on Wednesday. Sentiment flip-flopped like a fish out of water. Clearly, these mega-cap stocks were beating expectations and were hella undervalued.

What happened next? Well, the Nasdaq $QQQ went up nearly 3%, and Amazon shot up 4.5% to almost $110. Now, usually, I'd slap on a 5 to 10% call option, but not this time. No siree, I was going in raw hoping I won’t have 18-years bad luck the next morning.

So, $AMZN reported and it just exploded - from $110 to $122 in under 2 minutes. They beat EPS by 50% and revenue by $3 billion. Absolute madness. But, like a true WallStreetBets veteran (check my all-time hottest post), I knew what to do.

An hour later, the earnings call was scheduled. Y'know, where they get into the nitty-gritty and talk about future guidance (aka the mood killer). I figured a 22% gain in a month was more than enough tendies, so I started selling off my shares after-hours. It dipped a bit from the $122 high, but I still came out on top.

And now, the aftermath: $AMZN is sitting at $105.00 - Current position: 4 shares. Feels good, man. Proof of positions and my fat gains below👇

If you apes enjoyed this tale of victory, follow me here and on Twitter for more stories, tips, and stock market/NFT insights. I'll even be doing some sweet subscriber-only giveaways. Stay tuned, and let's keep riding this rocket together! 🚀🌕

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1 year ago