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Speaker 2: Made up Instagram posts about this a few weeks ago,

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Speaker 2: and then spoke about this on Market Mondays when Google

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Speaker 2: announced is stock split and I made an Instagram post,

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Speaker 2: you know, one of those green screen things that everybody's doing.

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Speaker 3: Now. By the way, cybar so.

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Speaker 4: Gonna be diplomats, right, you have to talk with me

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Speaker 4: with the London.

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Speaker 5: Calling out name writer. We gotta be we gotta be diplomats.

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Speaker 5: Come on, We're not doing that.

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Speaker 2: But yeah, it was saying that you know, it could

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Speaker 2: lead to Amazon, a stocksplat from Amazon.

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Speaker 3: We talked about the market Monday's.

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Speaker 6: And lo and behold, Yeah, Lo and behold.

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Speaker 2: It's on record, so see you can see that it

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Speaker 2: was documented on Market Mondays, Lo and behold. Last week

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Speaker 2: Amazon announced a twenty to one stock split.

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Speaker 7: The first thing I did was I think I called

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Speaker 7: you first, and then I called I called it Ian.

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Speaker 7: I'm like, yo, remember this man, when when when Bezel

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Speaker 7: stepped down, this was the opportunity we got a new

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Speaker 7: new CEO. This might be a new opportunity for him

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Speaker 7: to say, all right, this is a great chance for

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Speaker 7: us to get more investors inside the company.

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Speaker 6: And lo and behold the day came. Yes, my stock

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Speaker 6: of the year.

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Speaker 2: So Amazon. All right, so Amazon, so let's talk about

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Speaker 2: everybody wants to probably know about this situation, which isn't

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Speaker 2: mean doesn't mean the stock is going to go out.

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Speaker 2: You know every time a stocksplat is the same conversation.

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Speaker 2: So Amazon. And it was interesting because when Google split,

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Speaker 2: it was Amazon was the last thing, last big tech

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Speaker 2: company to have a four digit stock price, and you know,

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Speaker 2: it was rumors that, you know, that could be the

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Speaker 2: next stock to split. And they ain't even they an't

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Speaker 2: even waste too much time. They a couple of weeks

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Speaker 2: later they stay announced that their stock split. So what

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Speaker 2: does this mean for Amazon?

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Speaker 6: It means exactly what we thought with the other ones.

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Speaker 7: Right, Like, when I look at Amazon stock, if a

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Speaker 7: retail investor looks at Amazon stock and see that thirty

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Speaker 7: two hundred is not as appealing, right, That feels like

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Speaker 7: I can't afford it, or I'm going to have to

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Speaker 7: get a fractional share. With the split twenty to one,

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Speaker 7: which is a pretty large split. Now you're looking at

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Speaker 7: maybe one hundred and thirty dollars a share, and more

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Speaker 7: enticing for a retail investor to get involved. It also

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Speaker 7: is important if you go back to the Josh Brown episode,

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Speaker 7: the last last time he was on market Monday, is

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Speaker 7: he talked about why these companies break down and split

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Speaker 7: and get to these numbers in the hundreds, right, so

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Speaker 7: they could be included in the dal Jones. It was

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Speaker 7: an excellent explanation. If you haven't seen it, go check

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Speaker 7: that out. But that also is a factor in as well.

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Speaker 7: But I just want to make sure that everybody's clear

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Speaker 7: that nothing changes fundamentally inside the company. It's just the

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Speaker 7: price has changed, right, And so I always explain it

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Speaker 7: as if somebody had a five dollar bill or five singles,

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Speaker 7: do you still have five dollars? Essentially you do, right,

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Speaker 7: it's just in a different form. And so when you

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Speaker 7: look at a stock, go from three thousand down to

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Speaker 7: one hundred or two hundred. It's pretty much the same thing.

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Speaker 7: It's just that now more retail vestors can now piling

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Speaker 7: into the stock. They also bought back ten billion dollars

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Speaker 7: what was it, ten billion worth of stock. Yeah, So

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Speaker 7: like these type of moves when you start seeing things

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Speaker 7: like this happen, and it was like, Yo, this is

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Speaker 7: why I was saying this. I didn't even take this

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Speaker 7: into account when I was saying that, you know, Amazon's

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Speaker 7: gonna be my SoC of the year. I was looking

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Speaker 7: at all the fundamental things, but like, this is one

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Speaker 7: of those things. Obviously, the market is in the downtren

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Speaker 7: right now is the nastak is in a downtrend. But

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Speaker 7: long term, this is why I'm like, all right, gotta

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Speaker 7: get Amazon. Gotta get Amazon.

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Speaker 6: On top of.

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Speaker 7: Being the number one e commerce is going to be

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Speaker 7: the number one shipping company, passing Ups and FedEx in

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Speaker 7: the next this year. There's just so many things that

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Speaker 7: I feel like Amazon is just like going to be

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Speaker 7: this incredible company that it already is and it's going

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Speaker 7: to keep building upon it.

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Speaker 8: Yeah.

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Speaker 5: Before the last fifteen months, every week somebody in stock

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Speaker 5: club is like, man, why do you keep Amazon as

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Speaker 5: a retirement pick. I'm like, just wait, put yes and chat.

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Speaker 5: Some of y'all are killing me, man, are you sure?

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Speaker 5: I'm like, give it time, Bezos. For those of you

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Speaker 5: who don't know, he came from the hedgehot industry, so

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Speaker 5: there's a calculated reason why he didn't wanted to split.

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Speaker 5: But with the new executive it gives him a great advantage.

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Speaker 5: Like you said, it goes into the dal Jones. And

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Speaker 5: then of course it's one of like it's in my

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Speaker 5: top ten businesses as well. So like Apple, Microsoft, Google,

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Speaker 5: Saudi Aramico, Amazon, they're in that list of companies that

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Speaker 5: if I have to, like put my life on the line,

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Speaker 5: I would invest money with them.

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Speaker 8: So continue to hold them for the long term. They'll

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Speaker 8: be great.

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Speaker 5: And then me and me, I'll see a question. We'll

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Speaker 5: talk about mydnea tonight on the stock club call. But yeah, Amazon,

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Speaker 5: it's gonna be great for another ten or fifteen years.

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Speaker 8: Easily hold on to it.

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Speaker 3: When is the stocks Did they give a date?

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Speaker 8: I don't know the date off the top of my head.

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Speaker 6: Yeah, I'll get the question is gonna be when should

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Speaker 6: I buy Bight after.

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Speaker 5: We're gonna give a clean answer, Mike clicks us up.

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Speaker 5: If you haven't bought it yet and you can't afford

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Speaker 5: it in the two thousands, wait till after, and then

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Speaker 5: put it in one of your core holdings. That's been

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Speaker 5: like a little secret in stock Club. It's been in

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Speaker 5: the retirement picks forever. Amazon's one of the ones red Pan.

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Speaker 5: The police put red Pan in Chat so they can

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Speaker 5: see that I'm not lying to capping, even though this

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Speaker 5: crystal ball is going bright in the background.

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Speaker 4: Listen, if we all called it unanimously.

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Speaker 3: I mean, yeah, Amazon can't can't go wrong with Amazon Earners.

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Speaker 6: What's up?

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Speaker 7: You ever walk into a small business and everything just

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Speaker 7: works like the checkout is fast, the receipts are digital,

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Speaker 7: tipping is a breeze, and you're out the door before

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Speaker 7: the line even builds odds are they're using Square. We

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Speaker 7: love supporting businesses that run on Square because it just

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Speaker 7: feels seamless. Whether it's a local coffee shop, a vendor

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Speaker 7: at a pop up market, or even one.

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Speaker 6: Of our merch partners.

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Speaker 7: Square makes it easy for them to take payments, manage inventory,

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Speaker 7: and run their business with confidence, all from one simple system.

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Speaker 7: If you're a business owner or even just thinking about

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Speaker 7: launching something soon. Square is hands down one of the

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Speaker 7: It's not just about payments, it's about giving you time

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Speaker 7: back so you can focus on what matters most ready.

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Speaker 7: To see how Square can transform your business, visit Square

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Speaker 9: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 9: border and families will be protected.

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Speaker 3: Sponsored by the United States Department of Homeland Security. Good good,

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Speaker 3: good move to split his stock.

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Speaker 2: I feel like that's only going to, you know, drive

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Speaker 2: a lot more retail money into it, and just by

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Speaker 2: the law of numbers, right, It's like a stock is

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Speaker 2: two thousand dollars on three thousand dollars, like you know,

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Speaker 2: for it to get to six thousand dollars a big

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Speaker 2: increase of only four hundred percent with you know, something

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Speaker 2: is one hundred and twenty dollars, you know goes to

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Speaker 2: two hundred and forty dollars. That's a lot more feasible.

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Speaker 2: Apple has split a variety of different times throughout the

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Speaker 2: course of their history. Google just split, Testless split last year.

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Speaker 2: Amazon is about to split some video. Yeah, it just

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Speaker 2: makes sense run.

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Speaker 5: It out on Disney too, because now me but because

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Speaker 5: now when you have to pick between the two, since

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Speaker 5: the price is cheaper, now you're going to have to say,

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Speaker 5: it's like getting Lebron at five million a year. I

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Speaker 5: may like Pat Beverley at five if I can get Lebron. Though,

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Speaker 5: now you have to make some tough decisions about what

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Speaker 5: I'm what am I going to have in my portfolio?

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Speaker 5: If I'm going.

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Speaker 8: Based on price that I have available, you have a

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Speaker 8: superstar available for pretty much a rookie contract. Your portfolio

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Speaker 8: hard to turn down.

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Speaker 7: They're doing something interesting with their streaming service right now.

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Speaker 7: So Disney Plus and they kind of announced it like sublimately,

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Speaker 7: but they're going to be having different tiers now. So

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Speaker 7: like if you have Disney Plus, you know, you just

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Speaker 7: played that one tier or the tier that gives you

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Speaker 7: ESPN and they all these other things. But they're gonna

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Speaker 7: have another tier where you can have advertisement or non advertisement.

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Speaker 7: So that's just another revenue stream on top of what

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Speaker 7: they're doing. Streaming service is doing incredible, it's almost I mean,

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Speaker 7: it's gonna catch Netflix within the next three to five years.

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Speaker 7: But having that ad service in it now you're talking

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Speaker 7: about more revenue on top of the parks opening.

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Speaker 6: I just saw that Disney Paris. Disney Paris reopened.

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Speaker 7: So it goes my good company Disney again. The stock

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Speaker 7: split for Amazon though May twenty seventh, it goes in

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Speaker 7: effect May twenty seventh, so that's when it'll split.

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Speaker 2: There you have it, Ladies and gentlemen, China stock stuff

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Speaker 2: is worst sell offs in two thousand and eight. It's

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Speaker 2: now a good time to buy.

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Speaker 3: China China.

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Speaker 7: I mean, I think we can't talk about whether to

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Speaker 7: buy or not until we understand why it hit its

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Speaker 7: lowest points in two thousand and eight. So obviously, and

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Speaker 7: if anyone wasn't paying attention COVID. COVID is back in China,

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Speaker 7: and so they closed down factories. So they closed down factories,

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Speaker 7: which led to the cell of But so I mean,

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Speaker 7: obviously the way they handled COVID in the early stages

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Speaker 7: was a lot different than we did, and so they

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Speaker 7: weren't they didn't have the type of outbreak. But there

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Speaker 7: are certain cities right now in China that are noticing outbreaks.

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Speaker 3: And so what's happening is the cities.

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Speaker 6: Well Shen'sen Shen's Hand, which.

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Speaker 7: Is was is key for a lot of technology companies,

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Speaker 7: including Apple. I think one fifth of the production happens

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Speaker 7: in the city. And so since there's an outbreak, they've

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Speaker 7: closed down factories for six days.

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Speaker 6: That's the minimum.

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Speaker 7: They got to close them for six days and anything.

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Speaker 7: If they don't see numbers changing, then they extended. And

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Speaker 7: so you shut down production for six days, shut down

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Speaker 7: a lot of business for a lot of companies. And

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Speaker 7: so you know, the the market got hit, Shansen got hit.

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Speaker 7: So you're looking at a bunch of sectors and including

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Speaker 7: like gambling and travel companies as well.

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Speaker 6: Right, so it's interesting.

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Speaker 7: Like we're looking at it here in New York, Like

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Speaker 7: I know, since we've been back in over the past

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Speaker 7: week or so, it's like, all right, well, you know,

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Speaker 7: it feels like it's a little bit it's kind of open.

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Speaker 7: And so they hear COVID and hear China again. I'm like, nah,

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Speaker 7: not again.

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Speaker 6: We can't.

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Speaker 5: Don't do this, I mean, and once again, we are

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Speaker 5: one of the few countries that less the companies run

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Speaker 5: our country. And also too, when you guys are investing

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Speaker 5: in Chinese companies, even in publicly traded markets, you need

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Speaker 5: to make sure that you're actually owning shares of that

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Speaker 5: company and not offshore accounts.

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Speaker 6: That is a fact.

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Speaker 3: Now.

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Speaker 7: That is something like when the fine print when you

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Speaker 7: try to buy shares of these companies, like if you

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Speaker 7: try to buy shares of Ali Baba, look at the

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Speaker 7: fine print and what you're actually getting.

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Speaker 6: I don't want to bring up the looking but I will.

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Speaker 6: I will.

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Speaker 7: When I did look at Coffee, I looked at the

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Speaker 7: fine line and I looked on and I'm like, wait,

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Speaker 7: I'm actually not buying shares of the company.

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Speaker 6: I'm buying like well.

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Speaker 7: And so like that like doing that type of homework

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Speaker 7: we're doing every let me do all right, well, Okay,

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Speaker 7: here comes the rug.

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Speaker 4: Do you or do your right rest in peace?

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Speaker 8: Pop smoke.

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Speaker 4: Listen when we say do your own research, go look.

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Speaker 5: This isn't a conspiracy theory either, like go look and

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Speaker 5: see when you actually buy what you're getting, you have

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Speaker 5: to be very careful. And then the way that government

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Speaker 5: runs their country is how most countries are ran, so

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Speaker 5: you have to be careful. And then when Jack Majus,

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Speaker 5: you know he went to his meditation retreat for a

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Speaker 5: few months, that was indicative of what's to come.

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Speaker 4: Now.

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Speaker 5: If Ali Baba those twenty percent underneath it is all

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Speaker 5: time low, I would definitely take a look at it.

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Speaker 5: My graduates from my school being forced bad drop bag drop,

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Speaker 5: Mike drop bad drop drop.

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