Veteran Apes will be familiar with this theory. I’ll attempt to summarize:
Amazon has been using Ken Griffin to naked short infiltrated companies in order for Amazon to steal market share from current and future competitors. It’s possible that Bain Capital got involved in this scheme through Toys R Us.
Foundational DD (both are great):
u/jumpster81: Bust Out Schemes
u/AvidTreesFan: Write up on Bezos
There it is. The most literal and succinct version. Hopefully I don’t get cease & desisted. If this post disappears with no explanation, you now know why.
Crazy theory, right? Let’s examine some facts:
- Amazon announced in a press release on February 2nd, 2021 that Jeff Bezos would retire to executive chairman of Amazon’s board to much surprise. (that date stand out?)
- Ken’s a fan & frequent investor in Amazon
- DE Shaw, a quant hedge fund where Jeff Bezos became the youngest vice president, says about Citadel “We cross paths with them all the time. They are huge.” as far back as 2001 – way before its widespread success
What would we see if Citadel has followed this playbook? We would see OTC stocks of dead companies squeeze at the same time an idiosyncratic risk would emerge in a basket of algorithmically shorted securities.
Would you look at that? Sears and Blockbuster, both bankrupt companies listed on OTC markets and former Amazon competitors, squeezed at the same time as GME in January 2021.
Now, call me crazy, but I’m going to speculate the public isn’t investing in those stocks. I’m smooth-brained, but not that smooth-brained.
How is Amazon connected to Blockbuster, you might ask? I had the same question.
Surprisingly (but not really), I forgot about Amazon’s biggest business. Amazon Web Services.
I bet you can guess who was providing web hosting for Netflix around 2010, when Blockbuster went under?
Think about that. That’s from 2010. Citadel Securities (the market maker) was founded in 2001. When did they start doing this?
There’s a lot more to dig into about this. A comment thread on Criand’s latest post describes some interesting terms of Credit Suisse’s CMBS programs.
If that’s related to CMBS troubles here in the states, Simon Property Group is no doubt involved which Amazon has been working with to buy up old malls last year– though it’s been buying up mall property since 2016.
The implications of something like this are extreme.
I’ve attempted to make posts and comments about this using the name of Amazon’s founder but each time it’s been mysteriously made invisible without any notification. I thought SuperStonk/GME had revoked my posting and comment privileges.
Think of our beloved chairman’s tweets. Ryan Cohen could have been hinting towards this the whole time.
This explains why Jeffy Boy seems desperate to get off the planet. I would be, too.
EDIT: Here’s a mod’s description of what was going on with the first post: